5643 Ivanrest Ave SWWyomingMI49418
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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 Wyoming at 5643 Ivanrest Ave SW, Wyoming, MI, 49418 earns $709/mo cash flow from $3,544/mo rent with a $2,104/mo payment. Total monthly income totals $3,544/mo, and annual cash flow totals $8,510/yr on $142,512 capital. ROI tracks 25.88% on current figures, and rental yield reads 9.89% at a $429,900 purchase. Equity gained on principal adds $2,774/yr, and 5% annual appreciation supports $118,773 over five years. Five-year ROI reaches 135.41% and total cumulative return in cash sums $192,979. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,544/mo property income instead of your personal income.
Single Family
Built in 1970
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49418, Grandville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,599 (100%) |
| Owner Occupied HU | 9,108 (67.0%) |
| Renter Occupied HU | 3,710 (27.3%) |
| Vacant Housing Units | 781 ( 5.7%) |
| Median Home Value | $339,505 |
| Average Home Value | $383,744 |
Housing Distribution
Address Breakdown
Residential
13,158
Single Family
12,047
Multi-Family
1,111
Businesses
1,101
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