635 Thoroughbred Dr SE, Byron Center, MI, 49315 | $1,854/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Byron Center at 635 Thoroughbred Dr SE, Byron Center, MI, 49315 offers a 16.27% rental yield on a $315,000 purchase with $4,271/mo rent. Total monthly income registers $4,271/mo, and a $1,542/mo payment leaves $1,854/mo available for distribution. Annual cash flow reaches $22,242/yr on $104,423 to close, and return on cash invested stands at 41.21% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 219.02% and total cumulative return in cash at $228,701. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,271/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2002

N/A lot

$N/A/sqft

$340 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49315, Byron Center, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,640 (100%)
Owner Occupied HU	9,012 (84.7%)
Renter Occupied HU	1,223 (11.5%)
Vacant Housing Units	405 ( 3.8%)
Median Home Value	$391,039
Average Home Value	$441,361