747 State StHollandMI49423
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 Holland at 747 State St, Holland, MI, 49423 priced at $215,000 pairs $2,074/mo rent with $657/mo cash flow after a $1,052/mo payment. Total monthly income equals $2,074/mo, and annual cash flow comes to $7,878/yr on $71,273 invested. Return on cash invested is 30.96% in year one, and rental yield stands at 11.58% on a $215,000 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,401 by year five. Five-year ROI measures 162.68% and total cumulative return in cash reaches $115,945. For financing, Ziffy Mortgage’s DSCR program evaluates $2,074/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1923
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49423, Holland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,394 (100%) |
| Owner Occupied HU | 13,784 (67.6%) |
| Renter Occupied HU | 5,226 (25.6%) |
| Vacant Housing Units | 1,384 ( 6.8%) |
| Median Home Value | $303,847 |
| Average Home Value | $367,518 |
Housing Distribution
Address Breakdown
Residential
19,491
Single Family
18,368
Multi-Family
1,123
Businesses
1,693
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