9277 Ivanrest 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
Total monthly income runs $2,368/mo, and a $3,377/mo payment. Purchase price stands at $689,900, and rental yield measures 4.12% with $2,368/mo rent. Return on cash invested shows 8.53% in year one, and 5% annual appreciation builds toward $190,607 over five years. Five-year ROI reaches 42.31% and total cumulative return in cash records $96,037. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,368/mo property income covering a $3,377/mo payment rather than investor’s personal income.
Single Family
Built in 1967
6 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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Listed by: Kyle J Gummere • Windpoint Realty LLC
Mls Name: MichRIC
Mls ID: #26000271