6221 Timber 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
Investment property for sale in Allendale at 6221 Timber Dr, Allendale, MI, 49401 uses $107,738 cash to close to unlock $9,688/yr annual cash flow and $807/mo monthly cash flow. Total monthly income runs $2,980/mo, and a $1,591/mo payment keeps the spread at $807/mo. Purchase price stands at $325,000, and rental yield measures 11% with $2,980/mo rent. Return on cash invested shows 28.9% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 151.74% and total cumulative return in cash records $163,477. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,980/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 2008
N/A lot
$N/A/sqft
$350 annually 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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