4875 N Watervliet RdWatervlietMI49098
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 Watervliet at 4875 N Watervliet Rd, Watervliet, MI, 49098 priced at $249,500 pairs $1,524/mo rent with after a $1,221/mo payment. Total monthly income equals $1,524/mo. Return on cash invested is 18.15% in year one, and rental yield stands at 7.33% on a $249,500 basis. Equity gained on principal adds $1,610/yr, and 5% annual appreciation accumulates to $68,932 by year five. Five-year ROI measures 93.95% and total cumulative return in cash reaches $77,709. For financing, Ziffy Mortgage’s DSCR program evaluates $1,524/mo property income against a $1,221/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
0.39 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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Nearby investment properties with comparable prices
Listed by: Mikki Swisher • American Homes Real Estate
Mls Name: MichRIC
Mls Provider:
Mls ID: #25013689
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.