7270 N Noffke DrCaledoniaMI49316
Nearby investment properties with comparable rents
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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
Investment Highlights
Investment property for sale in Caledonia at 7270 N Noffke Dr, Caledonia, MI, 49316 earns $861/mo cash flow from $3,250/mo rent with a $1,772/mo payment. Total monthly income totals $3,250/mo, and annual cash flow totals $10,331/yr on $120,003 capital. ROI tracks 28.52% on current figures, and rental yield reads 10.77% at a $362,000 purchase. Equity gained on principal adds $2,336/yr, and 5% annual appreciation supports $100,014 over five years. Five-year ROI reaches 149.53% and total cumulative return in cash sums $179,437. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,250/mo property income instead of your personal income.
Single Family
Built in 1978
0.30 Acres lot
$N/A/sqft
$20 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49316, Caledonia, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,159 (100%) |
| Owner Occupied HU | 7,750 (84.6%) |
| Renter Occupied HU | 1,129 (12.3%) |
| Vacant Housing Units | 280 ( 3.1%) |
| Median Home Value | $368,883 |
| Average Home Value | $408,449 |
Housing Distribution
Address Breakdown
Residential
9,314
Single Family
8,633
Multi-Family
681
Businesses
535
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