7809 Hidden Lake 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 7809 Hidden Lake Dr, Hudsonville, MI, 49426 generates $3,745/mo in rent, after a $3,426/mo payment. Total monthly income is $3,745/mo. Return on cash invested sits at 15.24% in year one, and rental yield is 6.42% on a $699,900 entry. Equity gained on principal adds $4,516/yr, while 5% annual appreciation builds toward $193,369 over five years. Five-year ROI reaches 78.4% and total cumulative return in cash sums $180,524. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,745/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
0.45 Acres lot
$N/A/sqft
$650 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Justin S Blevins • RE/MAX of Grand Rapids (FH)
Mls Name: MichRIC
Mls Provider:
Mls ID: #24029933
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.