5310 Southbrook Ct UNIT 38HudsonvilleMI49426
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 5310 Southbrook Ct UNIT 38, Hudsonville, MI, 49426 in Hudsonville achieves a 1.75 ratio at $130,000: $1,023/mo rent versus $585/mo debt service. Rental yield 9.44%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 9.44% yield compounds alongside 5% annual appreciation projecting $35,917 in value. Total projected cumulative return: $46,481.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 5.5% |
| Monthly Cash Flow | $(62) | $1,200 |
City averages based on Hudsonville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,023 |
| Total Monthly Debt Service | $1,034 |
| DSCR Ratio | 0.99x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1973
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
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
Condo
Built in 1973
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Willie E Friend II • Five Star Real Estate (Grandv)
Mls Name: MichRIC
Mls Provider:
Mls ID: #25018345
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.