5802 Looking Glass Dr 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 5802 Looking Glass Dr SW, Wyoming, MI, 49418 with 5% annual appreciation on a $384,990 basis while $4,985/mo rent supports operations. Total monthly income totals $4,985/mo and a $1,884/mo payment preserves $2,439/mo for cash returns. Annual cash flow comes to $29,273/yr on $127,624 deployed, and return on cash invested reaches 42.85% in year one. Equity gained on principal adds $2,484/yr, and five-year appreciation sums $106,366 alongside rental yield of 15.54%. Five-year ROI measures 226.4% and total cumulative return in cash totals $288,943.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,985/mo property income versus a $1,884/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
0.32 Acres lot
$N/A/sqft
$85 annually 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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