340 Highview StWatervlietMI49098
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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 Watervliet at 340 Highview St, Watervliet, MI, 49098 earns from $1,284/mo rent with a $1,116/mo payment. Total monthly income totals $1,284/mo. ROI tracks 16.42% on current figures, and rental yield reads 6.76% at a $228,000 purchase. Equity gained on principal adds $1,471/yr, and 5% annual appreciation supports $62,992 over five years. Five-year ROI reaches 84.71% and total cumulative return in cash sums $64,023. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,284/mo property income instead of your personal income.
Single Family
Built in 1927
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49098, Watervliet, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,880 (100%) |
| Owner Occupied HU | 1,776 (61.7%) |
| Renter Occupied HU | 544 (18.9%) |
| Vacant Housing Units | 560 (19.4%) |
| Median Home Value | $207,993 |
| Average Home Value | $291,250 |
Housing Distribution
Address Breakdown
Residential
2,643
Single Family
2,548
Multi-Family
95
Businesses
165
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Listed by: Amy L Wilke • Michigan Lifestyle Properties / Gull Lake Realty
Mls Name: MichRIC
Mls ID: #25058812