3134 Indigo Ridge Ct SWByron CenterMI49315
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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
Investment property for sale in Byron Center at 3134 Indigo Ridge Ct SW, Byron Center, MI, 49315 uses $210,231 cash to close to unlock $896/yr annual cash flow and $75/mo monthly cash flow. Total monthly income runs $4,289/mo, and a $3,128/mo payment keeps the spread at $75/mo. Purchase price stands at $639,000, and rental yield measures 8.05% with $4,289/mo rent. Return on cash invested shows 20.49% in year one, and 5% annual appreciation builds toward $176,544 over five years. Five-year ROI reaches 106.44% and total cumulative return in cash records $223,768. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,289/mo property income covering a $3,128/mo payment rather than investor’s personal income.
Single Family
Built in 2001
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49315, Byron Center, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,640 (100%) |
| Owner Occupied HU | 9,012 (84.7%) |
| Renter Occupied HU | 1,223 (11.5%) |
| Vacant Housing Units | 405 ( 3.8%) |
| Median Home Value | $391,039 |
| Average Home Value | $441,361 |
Housing Distribution
Address Breakdown
Residential
10,119
Single Family
9,510
Multi-Family
609
Businesses
824
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