3813 Michael Ave SWWyomingMI49509
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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 Wyoming at 3813 Michael Ave SW, Wyoming, MI, 49509 with 5% annual appreciation on a $265,900 basis while $2,080/mo rent supports operations. Total monthly income totals $2,080/mo and a $1,301/mo payment preserves $327/mo for cash returns. Annual cash flow comes to $3,924/yr on $88,146 deployed, and return on cash invested reaches 24.36% in year one. Equity gained on principal adds $1,716/yr, and five-year appreciation sums $73,463 alongside rental yield of 9.39%. Five-year ROI measures 127.23% and total cumulative return in cash totals $112,150.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,080/mo property income versus a $1,301/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1969
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49509, Grand Rapids, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,584 (100%) |
| Owner Occupied HU | 7,689 (72.6%) |
| Renter Occupied HU | 2,668 (25.2%) |
| Vacant Housing Units | 227 ( 2.1%) |
| Median Home Value | $207,897 |
| Average Home Value | $239,716 |
Housing Distribution
Address Breakdown
Residential
10,959
Single Family
9,829
Multi-Family
1,130
Businesses
782
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