339 W Bridge StPlainwellMI49080
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 Plainwell at 339 W Bridge St, Plainwell, MI, 49080 with 5% annual appreciation on a $367,500 basis while $3,520/mo rent supports operations. Total monthly income totals $3,520/mo and a $1,799/mo payment preserves $1,096/mo for cash returns. Annual cash flow comes to $13,155/yr on $121,826 deployed, and return on cash invested reaches 30.71% in year one. Equity gained on principal adds $2,371/yr, and five-year appreciation sums $101,533 alongside rental yield of 11.49%. Five-year ROI measures 161.31% and total cumulative return in cash totals $196,512.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,520/mo property income versus a $1,799/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49080, Plainwell, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,662 (100%) |
| Owner Occupied HU | 5,063 (76.0%) |
| Renter Occupied HU | 1,106 (16.6%) |
| Vacant Housing Units | 493 ( 7.4%) |
| Median Home Value | $284,087 |
| Average Home Value | $341,288 |
Housing Distribution
Address Breakdown
Residential
6,466
Single Family
6,104
Multi-Family
362
Businesses
427
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
