3611 Butternut Dr LOT 110HollandMI49424
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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 3611 Butternut Dr LOT 110, Holland, MI, 49424 uses $42,714 cash to close to unlock $1,511/yr annual cash flow and $126/mo monthly cash flow. Total monthly income runs $976/mo, and a $631/mo payment keeps the spread at $126/mo. Purchase price stands at $128,850, and rental yield measures 9.09% with $976/mo rent. Return on cash invested shows 23.45% in year one, and 5% annual appreciation builds toward $35,599 over five years. Five-year ROI reaches 122.35% and total cumulative return in cash records $52,262. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $976/mo property income covering a $631/mo payment rather than investor’s personal income.
Manufactured
Built in 2012
N/A 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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