4751 Harlan DrWatervlietMI49098
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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 Watervliet at 4751 Harlan Dr, Watervliet, MI, 49098 offers a 8.56% rental yield on a $515,000 purchase with $3,672/mo rent. Total monthly income registers $3,672/mo, and a $2,521/mo payment leaves $276/mo available for distribution. Annual cash flow reaches $3,306/yr on $169,435 to close, and return on cash invested stands at 22.01% in year one. Equity gained on principal adds $3,323/yr while 5% annual appreciation supports $142,285 over five years. Portfolio math shows five-year ROI at 114.64% and total cumulative return in cash at $194,233. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,672/mo property income against a $2,521/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49098, Watervliet, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,880 (100%) |
| Owner Occupied HU | 1,776 (61.7%) |
| Renter Occupied HU | 544 (18.9%) |
| Vacant Housing Units | 560 (19.4%) |
| Median Home Value | $207,993 |
| Average Home Value | $291,250 |
Housing Distribution
Address Breakdown
Residential
2,643
Single Family
2,548
Multi-Family
95
Businesses
165
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Listed by: Mikki Swisher • American Homes Real Estate
Mls Name: MichRIC
Mls ID: #25045753