Riley St #WO357KHudsonvilleMI49426
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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 Hudsonville at Riley St #WO357K, Hudsonville, MI, 49426 offers a 9.75% rental yield on a $553,800 purchase with $4,498/mo rent. Total monthly income registers $4,498/mo, and a $2,711/mo payment leaves $846/mo available for distribution. Annual cash flow reaches $10,146/yr on $182,200 to close, and return on cash invested stands at 25.63% in year one. Equity gained on principal adds $3,574/yr while 5% annual appreciation supports $153,005 over five years. Portfolio math shows five-year ROI at 134.02% and total cumulative return in cash at $244,191. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,498/mo property income against a $2,711/mo payment rather than investor’s personal income documents like 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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