6927 Drumlin DrZeelandMI49464
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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 Zeeland at 6927 Drumlin Dr, Zeeland, MI, 49464 offers a 8.97% rental yield on a $619,900 purchase with $4,634/mo rent. Total monthly income registers $4,634/mo, and a $3,034/mo payment leaves $515/mo available for distribution. Annual cash flow reaches $6,174/yr on $203,947 to close, and return on cash invested stands at 23.09% in year one. Equity gained on principal adds $4,000/yr while 5% annual appreciation supports $171,267 over five years. Portfolio math shows five-year ROI at 120.46% and total cumulative return in cash at $245,684. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,634/mo property income against a $3,034/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
0.37 Acres lot
$N/A/sqft
$380 annually 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
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