3036 Primrose PlAlleganMI49010
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 Allegan at 3036 Primrose Pl, Allegan, MI, 49010 earns $667/mo cash flow from $2,645/mo rent with a $1,468/mo payment. Total monthly income totals $2,645/mo, and annual cash flow totals $8,004/yr on $99,450 capital. ROI tracks 27.96% on current figures, and rental yield reads 10.58% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 146.52% and total cumulative return in cash sums $145,716. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,645/mo property income instead of your personal income.
Manufactured
Built in 2001
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49010, Allegan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,995 (100%) |
| Owner Occupied HU | 5,834 (73.0%) |
| Renter Occupied HU | 1,343 (16.8%) |
| Vacant Housing Units | 818 (10.2%) |
| Median Home Value | $253,605 |
| Average Home Value | $286,559 |
Housing Distribution
Address Breakdown
Residential
7,618
Single Family
7,132
Multi-Family
486
Businesses
470
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices