The Violet Plan, Walnut RidgeByron CenterMI49315
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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 Byron Center at The Violet Plan, Walnut Ridge, Byron Center, MI, 49315 offers $3,121/mo rent that, after a $1,963/mo payment, leaves $476/mo cash flow. Total monthly income is $3,121/mo, and annual cash flow is $5,716/yr on $132,932 cash. Return on cash invested measures 24.21% in year one, and rental yield stands at 9.34% at a $401,000 entry. Equity gained on principal adds $2,588/yr while 5% annual appreciation compounds into $110,789 by year five. Five-year ROI records 126.44% and total cumulative return in cash reaches $168,078. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,121/mo property income versus a $1,963/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49315, Byron Center, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,640 (100%) |
| Owner Occupied HU | 9,012 (84.7%) |
| Renter Occupied HU | 1,223 (11.5%) |
| Vacant Housing Units | 405 ( 3.8%) |
| Median Home Value | $391,039 |
| Average Home Value | $441,361 |
Housing Distribution
Address Breakdown
Residential
10,119
Single Family
9,510
Multi-Family
609
Businesses
824
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Listed by: Trevor Garbow • Eastbrook Homes Inc.
Mls Name: Eastbrook Homes
Mls Provider:
Mls ID: #N/A