Elements 2070 Plan, Concord FarmsMattawanMI49071
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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 Mattawan at Elements 2070 Plan, Concord Farms, Mattawan, MI, 49071 offers a 9.2% rental yield on a $327,900 purchase with $2,514/mo rent. Total monthly income registers $2,514/mo, and a $1,605/mo payment leaves $352/mo available for distribution. Annual cash flow reaches $4,219/yr on $108,699 to close, and return on cash invested stands at 23.79% in year one. Equity gained on principal adds $2,116/yr while 5% annual appreciation supports $90,593 over five years. Portfolio math shows five-year ROI at 124.2% and total cumulative return in cash at $134,999. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,514/mo property income against a $1,605/mo payment rather than investor’s personal income documents like W2s, Salary slips, 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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