512 Dogwood LnWatervlietMI49098







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 Watervliet at 512 Dogwood Ln, Watervliet, MI, 49098 with 5% annual appreciation on a $273,990 basis while $3,179/mo rent supports operations. Total monthly income totals $3,179/mo and a $1,341/mo payment preserves $1,364/mo for cash returns. Annual cash flow comes to $16,369/yr on $90,828 deployed, and return on cash invested reaches 37.93% in year one. Equity gained on principal adds $1,768/yr, and five-year appreciation sums $75,698 alongside rental yield of 13.92%. Five-year ROI measures 200.1% and total cumulative return in cash totals $181,746.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,179/mo property income versus a $1,341/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
0.29 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 |
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: Kelly Hayes • WJH Brokerage MI, LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #24056101
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.








