5374 36th Ave APT 37HudsonvilleMI49426
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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 5374 36th Ave APT 37, Hudsonville, MI, 49426 offers a 9.08% rental yield on a $174,900 purchase with $1,323/mo rent. Total monthly income registers $1,323/mo, and a $856/mo payment leaves $170/mo available for distribution. Annual cash flow reaches $2,036/yr on $57,979 to close, and return on cash invested stands at 23.42% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,322 over five years. Portfolio math shows five-year ROI at 122.22% and total cumulative return in cash at $70,860. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,323/mo property income against a $856/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1976
N/A lot
$N/A/sqft
No 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: Heather Clason • Bellabay Realty LLC
Mls Name: MichRIC
Mls ID: #25050079