5906 Nile 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 5906 Nile Dr SW, Wyoming, MI, 49418 at $496,900 posts ROI 29.65% with $1,337/mo cash flow from $4,621/mo rent. Total monthly income equals $4,621/mo, and annual cash flow records $16,045/yr on $164,722 to close. Return on cash invested measures 29.65% and rental yield reads 11.16% at the current $496,900. Equity gained on principal adds $3,206/yr, and 5% annual appreciation supports $137,284 by year five. Five-year ROI prints 155.65% and total cumulative return in cash totals $256,386.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,621/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2020
0.26 Acres lot
$N/A/sqft
$86 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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