6315 Village LnZeelandMI49464
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
Rental property for sale in Zeeland at 6315 Village Ln, Zeeland, MI, 49464 generates $2,620/mo in rent and, after a $1,762/mo payment, leaves $246/mo in cash flow. Total monthly income is $2,620/mo, and annual cash flow is $2,952/yr on $119,340 invested. Return on cash invested sits at 22.38% in year one, and rental yield is 8.73% on a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 116.64% and total cumulative return in cash sums $139,197. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,620/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49464, Zeeland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,962 (100%) |
| Owner Occupied HU | 9,423 (86.0%) |
| Renter Occupied HU | 1,346 (12.3%) |
| Vacant Housing Units | 193 ( 1.8%) |
| Median Home Value | $352,703 |
| Average Home Value | $373,138 |
Housing Distribution
Address Breakdown
Residential
10,571
Single Family
10,204
Multi-Family
367
Businesses
783
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
