3000 Park RdColomaMI49038
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Coloma at 3000 Park Rd, Coloma, MI, 49038 at $339,000 posts ROI 27.71% with $731/mo cash flow from $2,966/mo rent. Total monthly income equals $2,966/mo, and annual cash flow records $8,768/yr on $112,379 to close. Return on cash invested measures 27.71% and rental yield reads 10.5% at the current $339,000. Equity gained on principal adds $2,188/yr, and 5% annual appreciation supports $93,659 by year five. Five-year ROI prints 145.22% and total cumulative return in cash totals $163,192.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,966/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1995
19.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49038, Coloma, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,920 (100%) |
| Owner Occupied HU | 2,972 (60.4%) |
| Renter Occupied HU | 747 (15.2%) |
| Vacant Housing Units | 1,201 (24.4%) |
| Median Home Value | $225,884 |
| Average Home Value | $297,148 |
Housing Distribution
Address Breakdown
Residential
4,279
Single Family
4,279
Multi-Family
0
Businesses
233
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