618 River Walk StHastingsMI49058
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 Hastings at 618 River Walk St, Hastings, MI, 49058 at $329,900 posts ROI 6.37% with from $1,192/mo rent. Total monthly income equals $1,192/mo. Return on cash invested measures 6.37% and rental yield reads 4.34% at the current $329,900. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,145 by year five. Five-year ROI prints 31.81% and total cumulative return in cash totals $34,791. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,192/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2015
N/A lot
$N/A/sqft
$250 monthly 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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