Elements 2390 Plan, Kraft FarmsCaledoniaMI49316
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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 Elements 2390 Plan, Kraft Farms, Caledonia, MI, 49316 offers $3,240/mo rent that, after a $2,109/mo payment, leaves $398/mo cash flow. Total monthly income is $3,240/mo, and annual cash flow is $4,782/yr on $142,843 cash. Return on cash invested measures 23.26% in year one, and rental yield stands at 9.02% at a $430,900 entry. Equity gained on principal adds $2,781/yr while 5% annual appreciation compounds into $119,050 by year five. Five-year ROI records 121.33% and total cumulative return in cash reaches $173,313. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,240/mo property income versus a $2,109/mo payment rather than borrower’s personal income verification through 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: 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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