484 8th Ave SWByron CenterMI49315
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Byron Center at 484 8th Ave SW, Byron Center, MI, 49315 offers $1,748/mo rent that, after a $7,586/mo payment. Total monthly income is $1,748/mo. Return on cash invested measures 0.12% in year one, and rental yield stands at 1.35% at a $1,550,000 entry. Equity gained on principal adds $10,002/yr while 5% annual appreciation compounds into $428,236 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,748/mo property income versus a $7,586/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
3.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49315, Byron Center, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,640 (100%) |
| Owner Occupied HU | 9,012 (84.7%) |
| Renter Occupied HU | 1,223 (11.5%) |
| Vacant Housing Units | 405 ( 3.8%) |
| Median Home Value | $391,039 |
| Average Home Value | $441,361 |
Housing Distribution
Address Breakdown
Residential
10,119
Single Family
9,510
Multi-Family
609
Businesses
824
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelly J Hover • City2Shore Gateway Group of Byron Center
Mls Name: MichRIC
Mls Provider:
Mls ID: #25010648
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.