3329 Ivanrest Ave SWWyomingMI49418
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
Rental property for sale in Wyoming at 3329 Ivanrest Ave SW, Wyoming, MI, 49418 priced at $429,900 pairs $3,058/mo rent with $223/mo cash flow after a $2,104/mo payment. Total monthly income equals $3,058/mo, and annual cash flow comes to $2,678/yr on $142,512 invested. Return on cash invested is 21.79% in year one, and rental yield stands at 8.54% on a $429,900 basis. Equity gained on principal adds $2,774/yr, and 5% annual appreciation accumulates to $118,773 by year five. Five-year ROI measures 113.47% and total cumulative return in cash reaches $161,707. For financing, Ziffy Mortgage’s DSCR program evaluates $3,058/mo property income against a $2,104/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2014
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49418, Grandville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,599 (100%) |
| Owner Occupied HU | 9,108 (67.0%) |
| Renter Occupied HU | 3,710 (27.3%) |
| Vacant Housing Units | 781 ( 5.7%) |
| Median Home Value | $339,505 |
| Average Home Value | $383,744 |
Housing Distribution
Address Breakdown
Residential
13,158
Single Family
12,047
Multi-Family
1,111
Businesses
1,101
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
