6026 E Fieldstone Hills Dr SECaledoniaMI49316
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow6026 E Fieldstone Hills Dr SE, Caledonia, MI, 49316 in Caledonia earns its strong cash-flow label: 15.28% yield, $2,990/mo rent, $1,291/mo net income, DSCR 2.83. The $234,900 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $64,899 by year five. Combined with $2,163/yr in principal paydown, total projected return reaches $173,243.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.3% | 6.0% |
| Monthly Cash Flow | $1,291 | $360 |
City averages based on Caledonia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,990 |
| Total Monthly Debt Service | $1,606 |
| DSCR Ratio | 1.86x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2005
N/A lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49316, Caledonia, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,159 (100%) |
| Owner Occupied HU | 7,750 (84.6%) |
| Renter Occupied HU | 1,129 (12.3%) |
| Vacant Housing Units | 280 ( 3.1%) |
| Median Home Value | $368,883 |
| Average Home Value | $408,449 |
Housing Distribution
Address Breakdown
Residential
9,314
Single Family
8,633
Multi-Family
681
Businesses
535
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
Condo
Built in 2005
N/A lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49316, Caledonia, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,159 (100%) |
| Owner Occupied HU | 7,750 (84.6%) |
| Renter Occupied HU | 1,129 (12.3%) |
| Vacant Housing Units | 280 ( 3.1%) |
| Median Home Value | $368,883 |
| Average Home Value | $408,449 |
Housing Distribution
Address Breakdown
Residential
9,314
Single Family
8,633
Multi-Family
681
Businesses
535
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices