3214 7th St, Wayland, MI, 49348 | 6.32% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Wayland at 3214 7th St, Wayland, MI, 49348 offers a 6.32% rental yield on a $479,900 purchase with $2,526/mo rent. 09% in year one. Equity gained on principal adds $3,097/yr while 5% annual appreciation supports $132,588 over five years. Portfolio math shows five-year ROI at 77.56% and total cumulative return in cash at $123,381. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,526/mo property income against a $2,349/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1995

7.70 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49348, Wayland, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,099 (100%)
Owner Occupied HU	4,611 (75.6%)
Renter Occupied HU	1,091 (17.9%)
Vacant Housing Units	397 ( 6.5%)
Median Home Value	$292,402
Average Home Value	$347,766