500 Hickory Ln, Watervliet, MI, 49098 | $2,809/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Watervliet at 500 Hickory Ln, Watervliet, MI, 49098 listed at $279,990 pairs $4,663/mo rent with a $1,370/mo payment to leave $2,809/mo cash flow. Total monthly income runs $4,663/mo, and annual cash flow reaches $33,706/yr on $92,817 cash to close. Return on cash invested measures 56.22% in year one, and rental yield registers 19.98% at a $279,990 basis. Equity gained on principal adds $1,807/yr, and annual property appreciation at 5% supports $77,356 by year five. Five-year ROI tracks 298.14% and total cumulative return in cash totals $276,726. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,663/mo property income relative to a $1,370/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2024

0.34 Acres lot

$N/A/sqft

$98 annually 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