3075 Creek Way CtKentwoodMI49512
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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 Kentwood at 3075 Creek Way Ct, Kentwood, MI, 49512 generates $3,262/mo in rent and, after a $1,713/mo payment, leaves $954/mo in cash flow. Total monthly income is $3,262/mo, and annual cash flow is $11,448/yr on $116,025 invested. Return on cash invested sits at 29.78% in year one, and rental yield is 11.18% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 156.27% and total cumulative return in cash sums $181,310. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,262/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49512, Grand Rapids, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,146 (100%) |
| Owner Occupied HU | 4,073 (44.5%) |
| Renter Occupied HU | 4,640 (50.7%) |
| Vacant Housing Units | 433 ( 4.7%) |
| Median Home Value | $320,719 |
| Average Home Value | $334,005 |
Housing Distribution
Address Breakdown
Residential
8,547
Single Family
4,842
Multi-Family
3,705
Businesses
1,603
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