Postern Dr #UKDBEICaledoniaMI49316
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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 Postern Dr #UKDBEI, Caledonia, MI, 49316 priced at $470,500 converts $0/mo rent into after a $2,303/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -3.96% in year one, and rental yield reads 0% against a $470,500 entry. Equity gained on principal adds $3,036/yr, while 5% annual appreciation compiles into $129,990 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $2,303/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices