3592 Whispering Brook Dr SEKentwoodMI49508
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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 Kentwood at 3592 Whispering Brook Dr SE, Kentwood, MI, 49508 uses $71,936 cash to close to unlock $3,985/yr annual cash flow and $332/mo monthly cash flow. Total monthly income runs $1,763/mo, and a $1,062/mo payment keeps the spread at $332/mo. Purchase price stands at $217,000, and rental yield measures 9.75% with $1,763/mo rent. Return on cash invested shows 25.45% in year one, and 5% annual appreciation builds toward $59,953 over five years. Five-year ROI reaches 133.16% and total cumulative return in cash records $95,789. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,763/mo property income covering a $1,062/mo payment rather than investor’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49508, Grand Rapids, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,271 (100%) |
| Owner Occupied HU | 10,323 (63.4%) |
| Renter Occupied HU | 5,488 (33.7%) |
| Vacant Housing Units | 460 ( 2.8%) |
| Median Home Value | $292,420 |
| Average Home Value | $312,786 |
Housing Distribution
Address Breakdown
Residential
16,167
Single Family
13,226
Multi-Family
2,941
Businesses
918
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