49 N 2nd St NWKent CityMI49330
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
Investment property for sale in Kent City at 49 N 2nd St NW, Kent City, MI, 49330 with 5% annual appreciation on a $147,900 basis while $1,145/mo rent supports operations. Total monthly income totals $1,145/mo and a $724/mo payment preserves $170/mo for cash returns. Annual cash flow comes to $2,035/yr on $49,029 deployed, and return on cash invested reaches 24.06% in year one. Equity gained on principal adds $954/yr, and five-year appreciation sums $40,862 alongside rental yield of 9.29%. Five-year ROI measures 125.67% and total cumulative return in cash totals $61,615.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,145/mo property income versus a $724/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1907
0.28 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices