4918 40th AveHudsonvilleMI49426
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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
Rental property for sale in Hudsonville at 4918 40th Ave, Hudsonville, MI, 49426 generates $1,797/mo in rent and, after a $1,292/mo payment, leaves $56/mo in cash flow. Total monthly income is $1,797/mo, and annual cash flow is $675/yr on $87,509 invested. Return on cash invested sits at 20.68% in year one, and rental yield is 8.17% on a $263,978 entry. Equity gained on principal adds $1,703/yr, while 5% annual appreciation builds toward $72,932 over five years. Five-year ROI reaches 107.54% and total cumulative return in cash sums $94,110. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,797/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49426, Hudsonville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,184 (100%) |
| Owner Occupied HU | 13,407 (88.3%) |
| Renter Occupied HU | 1,571 (10.3%) |
| Vacant Housing Units | 206 ( 1.4%) |
| Median Home Value | $374,503 |
| Average Home Value | $404,181 |
Housing Distribution
Address Breakdown
Residential
15,064
Single Family
14,846
Multi-Family
218
Businesses
739
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Listed by: Brian Brockman • Bang Realty
Mls Name: My State MLS
Mls ID: #11616141