5250 Southbrook Ct UNIT 65HudsonvilleMI49426
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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
Investment property for sale in Hudsonville at 5250 Southbrook Ct UNIT 65, Hudsonville, MI, 49426 offers a 22.01% rental yield on a $128,500 purchase with $2,357/mo rent. Total monthly income registers $2,357/mo, and a $629/mo payment leaves $1,282/mo available for distribution. Annual cash flow reaches $15,379/yr on $42,598 to close, and return on cash invested stands at 56.01% in year one. Equity gained on principal adds $829/yr while 5% annual appreciation supports $35,502 over five years. Portfolio math shows five-year ROI at 299.34% and total cumulative return in cash at $127,512. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,357/mo property income against a $629/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1971
N/A lot
$N/A/sqft
$228 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 |
Housing Distribution
Address Breakdown
Residential
15,064
Single Family
14,846
Multi-Family
218
Businesses
739
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Listed by: Scott A Holwerda • Berkshire Hathaway HomeServices Michigan Real Estate (Cascade)
Mls Name: MichRIC
Mls Provider:
Mls ID: #24043492
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.