716 W Gun River DrPlainwellMI49080
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 Plainwell at 716 W Gun River Dr, Plainwell, MI, 49080 at $420,000 posts ROI 26.67% with $784/mo cash flow from $3,554/mo rent. Total monthly income equals $3,554/mo, and annual cash flow records $9,408/yr on $139,230 to close. Return on cash invested measures 26.67% and rental yield reads 10.15% at the current $420,000. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,038 by year five. Five-year ROI prints 139.59% and total cumulative return in cash totals $194,347.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,554/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1964
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49080, Plainwell, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,662 (100%) |
| Owner Occupied HU | 5,063 (76.0%) |
| Renter Occupied HU | 1,106 (16.6%) |
| Vacant Housing Units | 493 ( 7.4%) |
| Median Home Value | $284,087 |
| Average Home Value | $341,288 |
Housing Distribution
Address Breakdown
Residential
6,466
Single Family
6,104
Multi-Family
362
Businesses
427
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices