5083 Waterside Dr, Hudsonville, MI, 49426 | $826/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 Hudsonville at 5083 Waterside Dr, Hudsonville, MI, 49426 uses $86,190 cash to close to unlock $9,912/yr annual cash flow and $826/mo monthly cash flow. Total monthly income runs $2,761/mo, and a $1,273/mo payment keeps the spread at $826/mo. Purchase price stands at $260,000, and rental yield measures 12.74% with $2,761/mo rent. Return on cash invested shows 31.41% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 166.15% and total cumulative return in cash records $143,201. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,761/mo property income covering a $1,273/mo payment rather than investor’s personal income.

Condo

Built in 1983

N/A lot

$N/A/sqft

$220 monthly 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