8916 Barrington Ln #44JenisonMI49428
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 Jenison at 8916 Barrington Ln #44, Jenison, MI, 49428 earns $566/mo cash flow from $3,074/mo rent with a $1,713/mo payment. Total monthly income totals $3,074/mo, and annual cash flow totals $6,794/yr on $115,992 capital. ROI tracks 25.77% on current figures, and rental yield reads 10.54% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 135.56% and total cumulative return in cash sums $157,242. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,074/mo property income instead of your personal income.
Condo
Built in 2020
N/A lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49428, Jenison, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,104 (100%) |
| Owner Occupied HU | 9,207 (82.9%) |
| Renter Occupied HU | 1,557 (14.0%) |
| Vacant Housing Units | 340 ( 3.1%) |
| Median Home Value | $305,908 |
| Average Home Value | $331,957 |
Housing Distribution
Address Breakdown
Residential
10,503
Single Family
9,826
Multi-Family
677
Businesses
595
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