6362 Sheldon DrHudsonvilleMI49426
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 Hudsonville at 6362 Sheldon Dr, Hudsonville, MI, 49426 at $505,000 posts ROI 24.4% with $601/mo cash flow from $3,931/mo rent. Total monthly income equals $3,931/mo, and annual cash flow records $7,206/yr on $166,145 to close. Return on cash invested measures 24.4% and rental yield reads 9.34% at the current $505,000. Equity gained on principal adds $3,259/yr, and 5% annual appreciation supports $139,522 by year five. Five-year ROI prints 127.42% and total cumulative return in cash totals $211,710.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,931/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
1.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49426, Hudsonville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,184 (100%) |
| Owner Occupied HU | 13,407 (88.3%) |
| Renter Occupied HU | 1,571 (10.3%) |
| Vacant Housing Units | 206 ( 1.4%) |
| Median Home Value | $374,503 |
| Average Home Value | $404,181 |
Housing Distribution
Address Breakdown
Residential
15,064
Single Family
14,846
Multi-Family
218
Businesses
739
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Steve Frody • City2Shore Real Estate Inc.
Mls Name: MichRIC
Mls Provider:
Mls ID: #25022514
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.