Greenly Street And 24th Ave #EY7CYPHudsonvilleMI49426
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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 Hudsonville at Greenly Street And 24th Ave #EY7CYP, Hudsonville, MI, 49426 offers $2,442/mo rent that, after a $1,529/mo payment, leaves $382/mo cash flow. Total monthly income is $2,442/mo, and annual cash flow is $4,585/yr on $103,527 cash. Return on cash invested measures 24.34% in year one, and rental yield stands at 9.38% at a $312,300 entry. Equity gained on principal adds $2,015/yr while 5% annual appreciation compounds into $86,283 by year five. Five-year ROI records 127.15% and total cumulative return in cash reaches $131,638. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,442/mo property income versus a $1,529/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49426, Hudsonville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,184 (100%) |
| Owner Occupied HU | 13,407 (88.3%) |
| Renter Occupied HU | 1,571 (10.3%) |
| Vacant Housing Units | 206 ( 1.4%) |
| Median Home Value | $374,503 |
| Average Home Value | $404,181 |
Housing Distribution
Address Breakdown
Residential
15,064
Single Family
14,846
Multi-Family
218
Businesses
739
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Listed by: N/A • N/A
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