The Crestview Plan, Lowing WoodsJenisonMI49428
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
Investment property for sale in Jenison at The Crestview Plan, Lowing Woods, Jenison, MI, 49428 uses $182,924 cash to close to unlock $25,066/yr annual cash flow and $2,089/mo monthly cash flow. Total monthly income runs $5,755/mo, and a $2,721/mo payment keeps the spread at $2,089/mo. Purchase price stands at $556,000, and rental yield measures 12.42% with $5,755/mo rent. Return on cash invested shows 33.76% in year one, and 5% annual appreciation builds toward $153,613 over five years. Five-year ROI reaches 177.63% and total cumulative return in cash records $324,933. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,755/mo property income covering a $2,721/mo payment rather than investor’s personal income.
Condo
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49428, Jenison, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,104 (100%) |
| Owner Occupied HU | 9,207 (82.9%) |
| Renter Occupied HU | 1,557 (14.0%) |
| Vacant Housing Units | 340 ( 3.1%) |
| Median Home Value | $305,908 |
| Average Home Value | $331,957 |
Housing Distribution
Address Breakdown
Residential
10,503
Single Family
9,826
Multi-Family
677
Businesses
595
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
