3970 Katie CtHudsonvilleMI49426
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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 Hudsonville at 3970 Katie Ct, Hudsonville, MI, 49426 generates $3,409/mo in rent and, after a $2,080/mo payment, leaves $607/mo in cash flow. Total monthly income is $3,409/mo, and annual cash flow is $7,278/yr on $140,888 invested. Return on cash invested sits at 25.07% in year one, and rental yield is 9.63% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 131.09% and total cumulative return in cash sums $184,685. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,409/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
0.69 Acres lot
$N/A/sqft
No 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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