3775 Nia DrMattawanMI49071
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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
Rental property for sale in Mattawan at 3775 Nia Dr, Mattawan, MI, 49071 priced at $758,000 converts $3,846/mo rent into after a $3,710/mo obligation. Total monthly income equals $3,846/mo. Return on cash invested prints 14.51% in year one, and rental yield reads 6.09% against a $758,000 entry. Equity gained on principal adds $4,891/yr, while 5% annual appreciation compiles into $209,421 by year five. Five-year ROI reaches 74.42% and total cumulative return in cash sums $185,589. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,846/mo property income covering a $3,710/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49071, Mattawan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,081 (100%) |
| Owner Occupied HU | 3,469 (85.0%) |
| Renter Occupied HU | 437 (10.7%) |
| Vacant Housing Units | 175 ( 4.3%) |
| Median Home Value | $284,983 |
| Average Home Value | $339,384 |
Housing Distribution
Address Breakdown
Residential
4,289
Single Family
4,241
Multi-Family
48
Businesses
225
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