4602 Forest LnHollandMI49423
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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 Holland at 4602 Forest Ln, Holland, MI, 49423 generates $3,320/mo in rent and, after a $2,398/mo payment, leaves $89/mo in cash flow. Total monthly income is $3,320/mo, and annual cash flow is $1,070/yr on $162,402 invested. Return on cash invested sits at 20.57% in year one, and rental yield is 8.13% on a $489,900 entry. Equity gained on principal adds $3,161/yr, while 5% annual appreciation builds toward $135,350 over five years. Five-year ROI reaches 106.92% and total cumulative return in cash sums $173,645. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,320/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49423, Holland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,394 (100%) |
| Owner Occupied HU | 13,784 (67.6%) |
| Renter Occupied HU | 5,226 (25.6%) |
| Vacant Housing Units | 1,384 ( 6.8%) |
| Median Home Value | $303,847 |
| Average Home Value | $367,518 |
Housing Distribution
Address Breakdown
Residential
19,491
Single Family
18,368
Multi-Family
1,123
Businesses
1,693
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