481 Wainwright RdKent CityMI49330
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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 Kent City at 481 Wainwright Rd, Kent City, MI, 49330 uses $109,064 cash to close to unlock $13,484/yr annual cash flow and $1,124/mo monthly cash flow. Total monthly income runs $3,293/mo, and a $1,610/mo payment keeps the spread at $1,124/mo. Purchase price stands at $329,000, and rental yield measures 12.01% with $3,293/mo rent. Return on cash invested shows 32.27% in year one, and 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 169.68% and total cumulative return in cash records $185,061. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,293/mo property income covering a $1,610/mo payment rather than investor’s personal income.
Single Family
Built in 2024
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49330, Kent City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,026 (100%) |
| Owner Occupied HU | 1,727 (85.2%) |
| Renter Occupied HU | 256 (12.6%) |
| Vacant Housing Units | 43 ( 2.1%) |
| Median Home Value | $342,276 |
| Average Home Value | $361,327 |
Housing Distribution
Address Breakdown
Residential
2,025
Single Family
1,953
Multi-Family
72
Businesses
102
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