4340 Walnut Hills Dr SEKentwoodMI49512
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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 Kentwood at 4340 Walnut Hills Dr SE, Kentwood, MI, 49512 uses $59,670 cash to close to unlock $984/yr annual cash flow and $82/mo monthly cash flow. Total monthly income runs $1,544/mo, and a $881/mo payment keeps the spread at $82/mo. Purchase price stands at $180,000, and rental yield measures 10.29% with $1,544/mo rent. Return on cash invested shows 21.56% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 114.22% and total cumulative return in cash records $68,153. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,544/mo property income covering a $881/mo payment rather than investor’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$275 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49512, Grand Rapids, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,146 (100%) |
| Owner Occupied HU | 4,073 (44.5%) |
| Renter Occupied HU | 4,640 (50.7%) |
| Vacant Housing Units | 433 ( 4.7%) |
| Median Home Value | $320,719 |
| Average Home Value | $334,005 |
Housing Distribution
Address Breakdown
Residential
8,547
Single Family
4,842
Multi-Family
3,705
Businesses
1,603
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