6610 Alward 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
Rental property for sale in Hudsonville at 6610 Alward Dr, Hudsonville, MI, 49426 priced at $649,900 converts $4,572/mo rent into $286/mo cash flow after a $3,181/mo obligation. Total monthly income equals $4,572/mo, and annual cash flow totals $3,434/yr on $213,817 invested. Return on cash invested prints 21.67% in year one, and rental yield reads 8.44% against a $649,900 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation compiles into $179,555 by year five. Five-year ROI reaches 112.78% and total cumulative return in cash sums $241,146. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,572/mo property income covering a $3,181/mo payment, not borrower’s personal income.
Single Family
Built in 2018
0.44 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
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Nearby investment properties with comparable prices
Listed by: Jeremy R Langerak • Reeds Realty
Mls Name: MichRIC
Mls Provider:
Mls ID: #25009409
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.