8240 E Chester Ave SWByron CenterMI49315








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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 Byron Center at 8240 E Chester Ave SW, Byron Center, MI, 49315 listed at $325,000 pairs $2,688/mo rent with a $1,591/mo payment to leave $545/mo cash flow. Total monthly income runs $2,688/mo, and annual cash flow reaches $6,534/yr on $107,738 cash to close. Return on cash invested measures 25.97% in year one, and rental yield registers 9.92% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 135.91% and total cumulative return in cash totals $146,425. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,688/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49315, Byron Center, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,640 (100%) |
| Owner Occupied HU | 9,012 (84.7%) |
| Renter Occupied HU | 1,223 (11.5%) |
| Vacant Housing Units | 405 ( 3.8%) |
| Median Home Value | $391,039 |
| Average Home Value | $441,361 |
Housing Distribution
Address Breakdown
Residential
10,119
Single Family
9,510
Multi-Family
609
Businesses
824
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Nearby investment properties with comparable prices



Listed by: Pete J Bruinsma • Grand River Realty
Mls Name: MichRIC
Mls Provider:
Mls ID: #25044851
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.








