Integrity 1750 Plan, PH Lewis EstatesWatervlietMI49098
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
Rental property for sale in Watervliet at Integrity 1750 Plan, PH Lewis Estates, Watervliet, MI, 49098 priced at $258,900 converts $1,380/mo rent into after a $1,267/mo obligation. Total monthly income equals $1,380/mo. Return on cash invested prints 15.34% in year one, and rental yield reads 6.4% against a $258,900 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation compiles into $71,529 by year five. Five-year ROI reaches 78.84% and total cumulative return in cash sums $67,664. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,380/mo property income covering a $1,267/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49098, Watervliet, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,880 (100%) |
| Owner Occupied HU | 1,776 (61.7%) |
| Renter Occupied HU | 544 (18.9%) |
| Vacant Housing Units | 560 (19.4%) |
| Median Home Value | $207,993 |
| Average Home Value | $291,250 |
Housing Distribution
Address Breakdown
Residential
2,643
Single Family
2,548
Multi-Family
95
Businesses
165
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Allen Edwin Homes
Mls Name: Allen Edwin Homes
Mls Provider:
Mls ID: #N/A