5934 Lynn DrAllendaleMI49401
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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
Rental property for sale in Allendale at 5934 Lynn Dr, Allendale, MI, 49401 priced at $457,000 pairs $3,732/mo rent with $718/mo cash flow after a $2,237/mo payment. Total monthly income equals $3,732/mo, and annual cash flow comes to $8,617/yr on $151,496 invested. Return on cash invested is 25.6% in year one, and rental yield stands at 9.8% on a $457,000 basis. Equity gained on principal adds $2,949/yr, and 5% annual appreciation accumulates to $126,261 by year five. Five-year ROI measures 133.91% and total cumulative return in cash reaches $202,867. For financing, Ziffy Mortgage’s DSCR program evaluates $3,732/mo property income against a $2,237/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49401, Allendale, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,824 (100%) |
| Owner Occupied HU | 4,699 (47.8%) |
| Renter Occupied HU | 4,684 (47.7%) |
| Vacant Housing Units | 441 ( 4.5%) |
| Median Home Value | $332,493 |
| Average Home Value | $344,488 |
Housing Distribution
Address Breakdown
Residential
8,674
Single Family
7,485
Multi-Family
1,189
Businesses
347
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