300 Bethany DrHastingsMI49058
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Hastings at 300 Bethany Dr, Hastings, MI, 49058 offers $3,007/mo rent that, after a $3,304/mo payment. Total monthly income is $3,007/mo. Return on cash invested measures 12.25% in year one, and rental yield stands at 5.35% at a $675,000 entry. Equity gained on principal adds $4,356/yr while 5% annual appreciation compounds into $186,490 by year five. Five-year ROI records 62.3% and total cumulative return in cash reaches $138,363. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,007/mo property income versus a $3,304/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
3.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49058, Hastings, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,678 (100%) |
| Owner Occupied HU | 6,576 (75.8%) |
| Renter Occupied HU | 1,533 (17.7%) |
| Vacant Housing Units | 569 ( 6.6%) |
| Median Home Value | $241,902 |
| Average Home Value | $285,255 |
Housing Distribution
Address Breakdown
Residential
8,048
Single Family
7,837
Multi-Family
211
Businesses
564
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