3747 Shoreside CtHudsonvilleMI49426
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3747 Shoreside Ct, Hudsonville, MI, 49426 listed at $1,314,900 pairs $7,511/mo rent with a $6,436/mo payment. Total monthly income runs $7,511/mo. Return on cash invested measures 16.64% in year one, and rental yield registers 6.85% at a $1,314,900 basis. Equity gained on principal adds $8,485/yr, and annual property appreciation at 5% supports $363,283 by year five. Five-year ROI tracks 85.95% and total cumulative return in cash totals $366,181. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,511/mo property income relative to a $6,436/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
2.20 Acres lot
$N/A/sqft
$1,950 annually 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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Nearby investment properties with comparable prices
Listed by: Stacey Czarnopis • Charter Properties
Mls Name: MichRIC
Mls Provider:
Mls ID: #23022763
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.