8366 Olive Lake CtWest OliveMI49460








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 West Olive at 8366 Olive Lake Ct, West Olive, MI, 49460 at $549,999 posts ROI 27.76% with $1,162/mo cash flow from $4,922/mo rent. Total monthly income equals $4,922/mo, and annual cash flow records $13,940/yr on $180,950 to close. Return on cash invested measures 27.76% and rental yield reads 10.74% at the current $549,999. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 by year five. Five-year ROI prints 145.79% and total cumulative return in cash totals $263,805.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,922/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2018
0.27 Acres lot
$N/A/sqft
$400 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49460, West Olive, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,031 (100%) |
| Owner Occupied HU | 3,340 (82.9%) |
| Renter Occupied HU | 268 ( 6.6%) |
| Vacant Housing Units | 423 (10.5%) |
| Median Home Value | $378,999 |
| Average Home Value | $441,543 |
Housing Distribution
Address Breakdown
Residential
3,784
Single Family
3,068
Multi-Family
716
Businesses
132
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: Mary Zeppenfeld Jennings • Coldwell Banker Woodland Schmidt Grand Haven
Mls Name: MichRIC
Mls Provider:
Mls ID: #24045616
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.








