5547 Pleasant AveHudsonvilleMI49426
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
Rental property for sale in Hudsonville at 5547 Pleasant Ave, Hudsonville, MI, 49426 generates $1,803/mo in rent and, after a $1,101/mo payment, leaves $320/mo in cash flow. Total monthly income is $1,803/mo, and annual cash flow is $3,834/yr on $74,588 invested. Return on cash invested sits at 25.05% in year one, and rental yield is 9.62% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 130.96% and total cumulative return in cash sums $97,677. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,803/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
7,840 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deena M Vroegindewey • Weichert REALTORS Plat (Main)
Mls Name: MichRIC
Mls ID: #25062208