Broadmoor Ave SE #561G98CaledoniaMI49316
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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
Rental property for sale in Caledonia at Broadmoor Ave SE #561G98, Caledonia, MI, 49316 generates $3,293/mo in rent and, after a $2,195/mo payment, leaves $336/mo in cash flow. Total monthly income is $3,293/mo, and annual cash flow is $4,026/yr on $148,678 invested. Return on cash invested sits at 22.62% in year one, and rental yield is 8.81% on a $448,500 entry. Equity gained on principal adds $2,894/yr, while 5% annual appreciation builds toward $123,912 over five years. Five-year ROI reaches 117.91% and total cumulative return in cash sums $175,299. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,293/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49316, Caledonia, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,159 (100%) |
| Owner Occupied HU | 7,750 (84.6%) |
| Renter Occupied HU | 1,129 (12.3%) |
| Vacant Housing Units | 280 ( 3.1%) |
| Median Home Value | $368,883 |
| Average Home Value | $408,449 |
Housing Distribution
Address Breakdown
Residential
9,314
Single Family
8,633
Multi-Family
681
Businesses
535
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