5885 W Irving RdHastingsMI49058
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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 Hastings at 5885 W Irving Rd, Hastings, MI, 49058 earns $50/mo cash flow from $1,567/mo rent with a $1,126/mo payment. Total monthly income totals $1,567/mo, and annual cash flow totals $600/yr on $76,245 capital. ROI tracks 20.7% on current figures, and rental yield reads 8.18% at a $230,000 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 over five years. Five-year ROI reaches 107.58% and total cumulative return in cash sums $82,027. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,567/mo property income instead of your personal income.
Single Family
Built in 1968
1.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49058, Hastings, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,678 (100%) |
| Owner Occupied HU | 6,576 (75.8%) |
| Renter Occupied HU | 1,533 (17.7%) |
| Vacant Housing Units | 569 ( 6.6%) |
| Median Home Value | $241,902 |
| Average Home Value | $285,255 |
Housing Distribution
Address Breakdown
Residential
8,048
Single Family
7,837
Multi-Family
211
Businesses
564
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