4560 N Meridian RdHopeMI48628
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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 Hope at 4560 N Meridian Rd, Hope, MI, 48628 earns $151/mo cash flow from $1,001/mo rent with a $631/mo payment. Total monthly income totals $1,001/mo, and annual cash flow totals $1,808/yr on $42,764 capital. ROI tracks 24.14% on current figures, and rental yield reads 9.31% at a $129,000 purchase. Equity gained on principal adds $832/yr, and 5% annual appreciation supports $35,640 over five years. Five-year ROI reaches 126.08% and total cumulative return in cash sums $53,917. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,001/mo property income instead of your personal income.
Single Family
Built in N/A
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48628, Hope, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,133 (100%) |
| Owner Occupied HU | 792 (69.9%) |
| Renter Occupied HU | 58 ( 5.1%) |
| Vacant Housing Units | 283 (25.0%) |
| Median Home Value | $205,263 |
| Average Home Value | $253,302 |
Housing Distribution
Address Breakdown
Residential
963
Single Family
945
Multi-Family
18
Businesses
22
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