Elements 1870 Plan, Concord FarmsMattawanMI49071
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 Mattawan at Elements 1870 Plan, Concord Farms, Mattawan, MI, 49071 at $315,900 posts ROI 24.85% with $431/mo cash flow from $2,514/mo rent. Total monthly income equals $2,514/mo, and annual cash flow records $5,172/yr on $104,721 to close. Return on cash invested measures 24.85% and rental yield reads 9.55% at the current $315,900. Equity gained on principal adds $2,038/yr, and 5% annual appreciation supports $87,277 by year five. Five-year ROI prints 129.84% and total cumulative return in cash totals $135,972.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,514/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49071, Mattawan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,081 (100%) |
| Owner Occupied HU | 3,469 (85.0%) |
| Renter Occupied HU | 437 (10.7%) |
| Vacant Housing Units | 175 ( 4.3%) |
| Median Home Value | $284,983 |
| Average Home Value | $339,384 |
Housing Distribution
Address Breakdown
Residential
4,289
Single Family
4,241
Multi-Family
48
Businesses
225
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