3485 Port Sheldon StHudsonvilleMI49426
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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 Hudsonville at 3485 Port Sheldon St, Hudsonville, MI, 49426 with 5% annual appreciation on a $324,900 basis while $4,175/mo rent supports operations. Total monthly income totals $4,175/mo and a $1,590/mo payment preserves $2,033/mo for cash returns. Annual cash flow comes to $24,392/yr on $107,704 deployed, and return on cash invested reaches 42.56% in year one. Equity gained on principal adds $2,097/yr, and five-year appreciation sums $89,764 alongside rental yield of 15.42%. Five-year ROI measures 224.82% and total cumulative return in cash totals $242,141.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,175/mo property income versus a $1,590/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49426, Hudsonville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,184 (100%) |
| Owner Occupied HU | 13,407 (88.3%) |
| Renter Occupied HU | 1,571 (10.3%) |
| Vacant Housing Units | 206 ( 1.4%) |
| Median Home Value | $374,503 |
| Average Home Value | $404,181 |
Housing Distribution
Address Breakdown
Residential
15,064
Single Family
14,846
Multi-Family
218
Businesses
739
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Listed by: Keith A Ykema • City2Shore Real Estate Inc.
Mls Name: MichRIC
Mls Provider:
Mls ID: #24031745
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.