347 Timberlake Dr EHollandMI49424
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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 Holland at 347 Timberlake Dr E, Holland, MI, 49424 with 5% annual appreciation on a $389,900 basis while $3,016/mo rent supports operations. Total monthly income totals $3,016/mo and a $1,908/mo payment preserves $445/mo for cash returns. Annual cash flow comes to $5,342/yr on $129,252 deployed, and return on cash invested reaches 24.04% in year one. Equity gained on principal adds $2,516/yr, and five-year appreciation sums $107,722 alongside rental yield of 9.28%. Five-year ROI measures 125.57% and total cumulative return in cash totals $162,301.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,016/mo property income versus a $1,908/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1998
45.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49424, Holland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,455 (100%) |
| Owner Occupied HU | 14,964 (73.2%) |
| Renter Occupied HU | 4,295 (21.0%) |
| Vacant Housing Units | 1,196 ( 5.8%) |
| Median Home Value | $329,806 |
| Average Home Value | $388,400 |
Housing Distribution
Address Breakdown
Residential
19,746
Single Family
18,493
Multi-Family
1,253
Businesses
1,300
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