3540 Golfside DrHudsonvilleMI49426
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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 3540 Golfside Dr, Hudsonville, MI, 49426 uses $79,527 cash to close to unlock $8,390/yr annual cash flow and $699/mo monthly cash flow. Total monthly income runs $2,281/mo, and a $1,174/mo payment keeps the spread at $699/mo. Purchase price stands at $239,900, and rental yield measures 11.41% with $2,281/mo rent. Return on cash invested shows 30.46% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 159.98% and total cumulative return in cash records $127,231. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,281/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Condo
Built in 1983
N/A 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: Alishia Monasmith • HomeRealty, LLC
Mls Name: MichRIC
Mls ID: #25054503