5817 Hickory Hill Ct SEKentwoodMI49512
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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 Kentwood at 5817 Hickory Hill Ct SE, Kentwood, MI, 49512 with 5% annual appreciation on a $349,900 basis while $3,620/mo rent supports operations. Total monthly income totals $3,620/mo and a $1,713/mo payment preserves $1,282/mo for cash returns. Annual cash flow comes to $15,381/yr on $115,992 deployed, and return on cash invested reaches 33.17% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,671 alongside rental yield of 12.41%. Five-year ROI measures 174.61% and total cumulative return in cash totals $202,530.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,620/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
6,969 sqft lot
$N/A/sqft
$365 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49512, Grand Rapids, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,146 (100%) |
| Owner Occupied HU | 4,073 (44.5%) |
| Renter Occupied HU | 4,640 (50.7%) |
| Vacant Housing Units | 433 ( 4.7%) |
| Median Home Value | $320,719 |
| Average Home Value | $334,005 |
Housing Distribution
Address Breakdown
Residential
8,547
Single Family
4,842
Multi-Family
3,705
Businesses
1,603
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