4642 Eagle DrCaledoniaMI49316
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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 Caledonia at 4642 Eagle Dr, Caledonia, MI, 49316 with 5% annual appreciation on a $389,900 basis while $4,625/mo rent supports operations. Total monthly income totals $4,625/mo and a $1,908/mo payment preserves $2,054/mo for cash returns. Annual cash flow comes to $24,650/yr on $129,252 deployed, and return on cash invested reaches 38.98% in year one. Equity gained on principal adds $2,516/yr, and five-year appreciation sums $107,722 alongside rental yield of 14.23%. Five-year ROI measures 205.66% and total cumulative return in cash totals $265,825.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,625/mo property income versus a $1,908/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2019
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49316, Caledonia, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,159 (100%) |
| Owner Occupied HU | 7,750 (84.6%) |
| Renter Occupied HU | 1,129 (12.3%) |
| Vacant Housing Units | 280 ( 3.1%) |
| Median Home Value | $368,883 |
| Average Home Value | $408,449 |
Housing Distribution
Address Breakdown
Residential
9,314
Single Family
8,633
Multi-Family
681
Businesses
535
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