5829 Hemlock Dr SWWyomingMI49418
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
Investment property for sale in Wyoming at 5829 Hemlock Dr SW, Wyoming, MI, 49418 at $398,990 posts ROI 28.85% with $986/mo cash flow from $3,624/mo rent. Total monthly income equals $3,624/mo, and annual cash flow records $11,828/yr on $132,265 to close. Return on cash invested measures 28.85% and rental yield reads 10.9% at the current $398,990. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,234 by year five. Five-year ROI prints 151.36% and total cumulative return in cash totals $200,195.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,624/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
10,018 sqft 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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