320 Aniline Ave NHollandMI49424
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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 Holland at 320 Aniline Ave N, Holland, MI, 49424 uses $72,897 cash to close to unlock $5,882/yr annual cash flow and $490/mo monthly cash flow. Total monthly income runs $1,940/mo, and a $1,076/mo payment keeps the spread at $490/mo. Purchase price stands at $219,900, and rental yield measures 10.59% with $1,940/mo rent. Return on cash invested shows 27.98% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 146.69% and total cumulative return in cash records $106,936. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,940/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49424, Holland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,455 (100%) |
| Owner Occupied HU | 14,964 (73.2%) |
| Renter Occupied HU | 4,295 (21.0%) |
| Vacant Housing Units | 1,196 ( 5.8%) |
| Median Home Value | $329,806 |
| Average Home Value | $388,400 |
Housing Distribution
Address Breakdown
Residential
19,746
Single Family
18,493
Multi-Family
1,253
Businesses
1,300
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