3445 Elk DrZeelandMI49464
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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
Investment Highlights
Investment property for sale in Zeeland at 3445 Elk Dr, Zeeland, MI, 49464 listed at $994,000 pairs $4,661/mo rent with a $4,865/mo payment. Total monthly income runs $4,661/mo. Return on cash invested measures 13.11% in year one, and rental yield registers 5.63% at a $994,000 basis. Equity gained on principal adds $6,414/yr, and annual property appreciation at 5% supports $274,624 by year five. Five-year ROI tracks 66.9% and total cumulative return in cash totals $218,776. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,661/mo property income relative to a $4,865/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1994
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49464, Zeeland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,962 (100%) |
| Owner Occupied HU | 9,423 (86.0%) |
| Renter Occupied HU | 1,346 (12.3%) |
| Vacant Housing Units | 193 ( 1.8%) |
| Median Home Value | $352,703 |
| Average Home Value | $373,138 |
Housing Distribution
Address Breakdown
Residential
10,571
Single Family
10,204
Multi-Family
367
Businesses
783
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