391 E 40th StHollandMI49423
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 Holland at 391 E 40th St, Holland, MI, 49423 earns $493/mo cash flow from $2,075/mo rent with a $1,174/mo payment. Total monthly income totals $2,075/mo, and annual cash flow totals $5,918/yr on $79,527 capital. ROI tracks 27.35% on current figures, and rental yield reads 10.38% at a $239,900 purchase. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 over five years. Five-year ROI reaches 143.34% and total cumulative return in cash sums $113,995. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,075/mo property income instead of your personal income.
Single Family
Built in 1957
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49423, Holland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,394 (100%) |
| Owner Occupied HU | 13,784 (67.6%) |
| Renter Occupied HU | 5,226 (25.6%) |
| Vacant Housing Units | 1,384 ( 6.8%) |
| Median Home Value | $303,847 |
| Average Home Value | $367,518 |
Housing Distribution
Address Breakdown
Residential
19,491
Single Family
18,368
Multi-Family
1,123
Businesses
1,693
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
