Traditions 3100 Plan, Silver OaksMattawanMI49071
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 Mattawan at Traditions 3100 Plan, Silver Oaks, Mattawan, MI, 49071 priced at $485,610 pairs $2,514/mo rent with after a $2,377/mo payment. Total monthly income equals $2,514/mo. Return on cash invested is 14.78% in year one, and rental yield stands at 6.21% on a $485,610 basis. Equity gained on principal adds $3,134/yr, and 5% annual appreciation accumulates to $134,165 by year five. Five-year ROI measures 75.86% and total cumulative return in cash reaches $122,114. For financing, Ziffy Mortgage’s DSCR program evaluates $2,514/mo property income against a $2,377/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49071, Mattawan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,081 (100%) |
| Owner Occupied HU | 3,469 (85.0%) |
| Renter Occupied HU | 437 (10.7%) |
| Vacant Housing Units | 175 ( 4.3%) |
| Median Home Value | $284,983 |
| Average Home Value | $339,384 |
Housing Distribution
Address Breakdown
Residential
4,289
Single Family
4,241
Multi-Family
48
Businesses
225
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