8920 Barrington LnJenisonMI49428
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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 8920 Barrington Ln, Jenison, MI, 49428 with 5% annual appreciation on a $319,000 basis while $5,186/mo rent supports operations. Total monthly income totals $5,186/mo and a $1,561/mo payment preserves $2,883/mo for cash returns. Annual cash flow comes to $34,592/yr on $105,749 deployed, and return on cash invested reaches 52.62% in year one. Equity gained on principal adds $2,058/yr, and five-year appreciation sums $88,134 alongside rental yield of 19.51%. Five-year ROI measures 279.62% and total cumulative return in cash totals $295,693.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,186/mo property income versus a $1,561/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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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