414 Midlakes Blvd #7PlainwellMI49080
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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 Plainwell at 414 Midlakes Blvd #7, Plainwell, MI, 49080 at $654,000 posts ROI 17.73% with from $3,925/mo rent. Total monthly income equals $3,925/mo. Return on cash invested measures 17.73% and rental yield reads 7.2% at the current $654,000. Equity gained on principal adds $4,220/yr, and 5% annual appreciation supports $180,688 by year five. Five-year ROI prints 91.76% and total cumulative return in cash totals $197,446. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,925/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
0.97 Acres lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49080, Plainwell, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,662 (100%) |
| Owner Occupied HU | 5,063 (76.0%) |
| Renter Occupied HU | 1,106 (16.6%) |
| Vacant Housing Units | 493 ( 7.4%) |
| Median Home Value | $284,087 |
| Average Home Value | $341,288 |
Housing Distribution
Address Breakdown
Residential
6,466
Single Family
6,104
Multi-Family
362
Businesses
427
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