3273 Bluebird LnAlleganMI49010
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 3273 Bluebird Ln, Allegan, MI, 49010 offers a 11.81% rental yield on a $297,900 purchase with $2,932/mo rent. Total monthly income registers $2,932/mo, and a $1,458/mo payment leaves $968/mo available for distribution. Annual cash flow reaches $11,611/yr on $98,754 to close, and return on cash invested stands at 31.67% in year one. Equity gained on principal adds $1,922/yr while 5% annual appreciation supports $82,304 over five years. Portfolio math shows five-year ROI at 166.45% and total cumulative return in cash at $164,377. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,932/mo property income against a $1,458/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.46 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
