401 Erin Isle CtHollandMI49424
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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 Holland at 401 Erin Isle Ct, Holland, MI, 49424 with 5% annual appreciation on a $609,000 basis while $4,360/mo rent supports operations. Total monthly income totals $4,360/mo and a $2,981/mo payment preserves $344/mo for cash returns. Annual cash flow comes to $4,124/yr on $200,361 deployed, and return on cash invested reaches 22.12% in year one. Equity gained on principal adds $3,930/yr, and five-year appreciation sums $168,255 alongside rental yield of 8.59%. Five-year ROI measures 115.2% and total cumulative return in cash totals $230,813.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,360/mo property income versus a $2,981/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1995
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49424, Holland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,455 (100%) |
| Owner Occupied HU | 14,964 (73.2%) |
| Renter Occupied HU | 4,295 (21.0%) |
| Vacant Housing Units | 1,196 ( 5.8%) |
| Median Home Value | $329,806 |
| Average Home Value | $388,400 |
Housing Distribution
Address Breakdown
Residential
19,746
Single Family
18,493
Multi-Family
1,253
Businesses
1,300
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