6340 Butternut DrWest OliveMI49460
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 West Olive at 6340 Butternut Dr, West Olive, MI, 49460 at $959,900 posts ROI 15.63% with from $5,165/mo rent. Total monthly income equals $5,165/mo. Return on cash invested measures 15.63% and rental yield reads 6.46% at the current $959,900. Equity gained on principal adds $6,194/yr, and 5% annual appreciation supports $265,203 by year five. Five-year ROI prints 80.43% and total cumulative return in cash totals $254,006. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,165/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1993
3.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49460, West Olive, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,031 (100%) |
| Owner Occupied HU | 3,340 (82.9%) |
| Renter Occupied HU | 268 ( 6.6%) |
| Vacant Housing Units | 423 (10.5%) |
| Median Home Value | $378,999 |
| Average Home Value | $441,543 |
Housing Distribution
Address Breakdown
Residential
3,784
Single Family
3,068
Multi-Family
716
Businesses
132
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dawn Van Kampen • West Edge Real Estate
Mls Name: MichRIC
Mls Provider:
Mls ID: #25011319
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.