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3012 Hunters Dr SW
F Composite 23.11
Why this score? — see what drove the F grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • ARV discount +7.5/15.0
  • Schools +5.5/10.0
  • Livability +3.7/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Cash flow +1.4/30.0
  • 1% rule +0.0/10.0
  • DSCR +0.0/10.0
  • Appreciation +0.0/10.0

$550,000

3012 Hunters Dr SW · Jenison, MI 49428
4 bd · 3.5 ba · 1,621 sqft · SingleFamily public records · 4 Days on market
Built 2001 1.14 ac lot $21/mo HOA · 1% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Check out this custom ranch home in Hager Park West! Tastefully decorated, the open concept main level living space features a large kitchen with granite countertops, center island, recently refinished hardwood floors (2026), a spacious living room with gas-log fireplace, built-ins, large windows with a slider door that opens to the deck where you can enjoy the private wooded back yard. Main level also offers a primary suite, a second bedroom with new vinyl plank flooring (2026) through the full bath, laundry, half bath and front entryway. Updated lower level has a large family room with a gas-long fireplace, kitchenette, two additional bedrooms and a full bathroom. Storage abounds in this home with a basement 3 stall garage and additional attic space storage accessible in the main floor garage. New roof (2026) and new siding, scheduled to be completed in June 2026.This home is situated on a private 1 acre wooded lot that backs up to an association nature park with a wooded walking trails. Offer deadline of Monday June 1 at Noon. Call for your private showing today!

Key facts

  • Large kitchen
  • Custom ranch home
  • Granite countertops

Tags

CUSTOM RANCH HOMEOPEN CONCEPT MAIN LEVELLARGE KITCHENGRANITE COUNTERTOPSCENTER ISLANDHARDWOOD FLOORS

Property features AI

Finance

  • Other: Living area reported as 3,021
  • HOA & community: Homeowners association with $250 annual fee

Exterior

  • Parking: Attached garage; 5-car garage
  • Utilities: Public water; Natural gas connected; Cable connected; Natural gas water heater
  • Home design: Ranch-style single family home; Built in 2001
  • Construction: Brick and vinyl siding exterior; Composition roof
  • Exterior features: Sidewalk; Wooded lot; Paved road

Interior

  • Kitchen: Microwave; Oven; Range; Refrigerator
  • Bathrooms: 3 full bathrooms; 1 half bathroom
  • Heating & cooling: Forced air heating; Wall furnace; Has cooling
  • Interior features: Garage door opener; Wet bar; Eat-in kitchen; Gas log fireplace; Window treatments; 8 total rooms

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 4-bed/3.5-bath single-family listed at $550k.

Deal economics

  • At list price, monthly cash flow is $-2k ($-26k/yr) — negative.
  • To cash-flow at today's rent, offer at most $166k (69.8% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $174k (68.3% below list).
  • Recommended offer: $166k (69.8% below list) — sets the bar for cash-flow.
  • Cap rate 1.6% vs local median 3.3% in Jenison — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

  • Location reads 74/100 on livability (#178 in MI, #4,596 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, employment A; Watch: amenities F, commute F, health & safety F.
  • Hudsonville Public School District (suburban): math 55% / reading 70% proficiency, ranked #32 of 540 in MI (top 6%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 15% free/reduced lunch — higher-income household profile.
  • Market conditions: 142 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 1,237 units permitted in Ottawa County in 2024 (443 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $4k of loan paydown is wiped out by about $16k of value loss. Plan a longer hold.
  • Ottawa County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
  • 6 sale attempts since 11y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $329k; list at $550k implies a 67% gain — meaningful room to come down on a strong offer.
Recommended offer $166,372 (69.8% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.32%
Cap rate
1.55%
Cash-on-cash
-16.92%
DSCR
0.25
GRM
26.3

CMA / ARV

ARV (on-the-fly)
$361,483
Comps found
10
Show comp detail 10 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
8367 Bauer Ridge Ave 0.54mi 3/2.5 (-1) 1,602 (-1%) 1mo $510,000 $318 63
8448 Tucker Ct 0.43mi 4/2.0 1,700 (+5%) 8mo $395,000 $232 59
2493 Almar St 0.70mi 3/1.5 (-1) 1,644 (+1%) 6mo $351,000 $214 47
3052 Gilmore Ln 0.48mi 3/2.5 (-1) 1,560 (-4%) 18mo $370,000 $237 47
8432 Tucker Ct 0.40mi 4/2.0 1,791 (+10%) 13mo $400,000 $223 47
8329 Stonington Dr 0.45mi 4/2.0 1,825 (+13%) 8mo $385,000 $211 45
3215 Baldwin St 0.67mi 3/2.5 (-1) 1,576 (-3%) 24mo $323,000 $205 36
7595 28th Ave 0.72mi 3/1.0 (-1) 1,500 (-8%) 6mo $257,000 $171 34
7762 Emberly Dr 0.75mi 3/2.0 (-1) 1,556 (-4%) 18mo $345,000 $222 32
2682 Thrush Dr 0.63mi 3/2.5 (-1) 1,849 (+14%) 9mo $412,500 $223 31

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
-49.8%
Equity multiple
-0.48×
Total profit
$-227,564
Equity at exit
$82,007
10-year hold
IRR
-99.1%
Equity multiple
-1.45×
Total profit
$-376,777
Equity at exit
$47,554

Cash invested: $154,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
62 Landlord-Friendly
State Michigan
62 Landlord-Friendly · EVEN
County
— inherits STATE
City
— inherits STATE
7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

ZIP-level market 49428

Active inventory
142
Price-to-rent
26.3×

Monthly cashflow live

Estimated rent
$1,745 medium interval (Pro) →
Mortgage (P&I)
$2,884
Tax from tax record
$416 /mo · $4,989/yr
Insurance
$229
HOA
$21
Vacancy / Maint / Mgmt
$366
Net cashflow
$-2,172

Break-even live

Break-even rent $4,494
Max offer price $166,372
Occupancy floor

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$137,500
Closing costs
$16,500
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 1 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
7999 Green Meadow Ct Apt 1 Georgetown Township, MI 3.0 1.5 1200 $1,745 $1.45 43d 1 0.18mi

HOA detail

Monthly dues
$21 · $252/yr
Likely covers
gas

Listing history 15 events

  1. 2026-06-02
    status $550,000 Pending 4 DOM
  2. 2026-06-01
    days on market $550,000 Active 4 DOM
  3. 2026-05-31
    days on market $550,000 Active 3 DOM
  4. 2026-05-28
    listed $550,000 Active 1082-char remark
    Show marketing remark (878 chars)

    Check out this custom ranch home in Hager Park West! Tastefully decorated, the open concept main level living space features a large kitchen with granite countertops, center island, recently refinished hardwood floors (2026), a spacious living room with gas-log fireplace, built-ins, large windows with a slider door that opens to the deck where you can enjoy the private wooded back yard. Main level also offers a primary suite, a second bedroom with new vinyl plank flooring (2026) through the full bath, laundry, half bath and front entryway. Updated lower level has a large family room with a gas-long fireplace, kitchenette, two additional bedrooms and a full bathroom. Storage abounds in this home with a basement 3 stall garage and additional attic space storage accessible in the main floor garage. New roof (2026) and new siding, scheduled to be completed in June 2026.

  5. 2026-05-28
    listed $550,000 Active 878-char remark
    Show marketing remark (878 chars)

    Check out this custom ranch home in Hager Park West! Tastefully decorated, the open concept main level living space features a large kitchen with granite countertops, center island, recently refinished hardwood floors (2026), a spacious living room with gas-log fireplace, built-ins, large windows with a slider door that opens to the deck where you can enjoy the private wooded back yard. Main level also offers a primary suite, a second bedroom with new vinyl plank flooring (2026) through the full bath, laundry, half bath and front entryway. Updated lower level has a large family room with a gas-long fireplace, kitchenette, two additional bedrooms and a full bathroom. Storage abounds in this home with a basement 3 stall garage and additional attic space storage accessible in the main floor garage. New roof (2026) and new siding, scheduled to be completed in June 2026.

  6. 2026-05-28
    listed $550,000 Active
    Show marketing remark (878 chars)

    Check out this custom ranch home in Hager Park West! Tastefully decorated, the open concept main level living space features a large kitchen with granite countertops, center island, recently refinished hardwood floors (2026), a spacious living room with gas-log fireplace, built-ins, large windows with a slider door that opens to the deck where you can enjoy the private wooded back yard. Main level also offers a primary suite, a second bedroom with new vinyl plank flooring (2026) through the full bath, laundry, half bath and front entryway. Updated lower level has a large family room with a gas-long fireplace, kitchenette, two additional bedrooms and a full bathroom. Storage abounds in this home with a basement 3 stall garage and additional attic space storage accessible in the main floor garage. New roof (2026) and new siding, scheduled to be completed in June 2026.

  7. 2015-12-10
    soldstatus $328,900
  8. 2015-11-13
    soldstatus $328,900
  9. 2015-11-13
    soldstatus $328,900 Sold
  10. 2015-11-05
    status Pending
  11. 2015-10-06
    price $334,900
  12. 2015-09-24
    status Active
  13. 2015-09-24
    historical
  14. 2015-09-20
    listed $339,900 Active
  15. 2015-09-18
    listed $334,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MI · Partial reset (capped growth)

Current annual tax
$4,989 · $416/mo
Projected year-2 tax
$6,730 · $561/mo
Expected delta
+$1,740/yr (+$145/mo · 34.9%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 2/10 Low 7 d/yr ≥95°F today · 16 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$20,940
− Mortgage interest
−$30,809
− Property taxes
−$4,989
− Insurance
−$2,750
− Repairs & maintenance
−$1,675
− Management
−$1,675
− HOA
−$252
− Depreciation
−$16,000
Taxable loss
−$37,210
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$8,930
After-tax cash flow
$-17,129/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Hudsonville Public School District
NCES district ID
2618840
Math proficiency
55% ▼ -10.00%
Reading proficiency
70% ▼ -4.00%
Median HH income
$69,784
Composite
54.98/100
National rank
#1301
State rank
#32 of 540 in MI

Livability — Jenison

Score
74/100
State rank
#178
US rank
#4596

Category grades

Amenities F Commute F Cost of living A+ Crime B- Employment A Housing A+ Health & safety F User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

City population
28,090
Population (ZIP)
28,090

Population outlook (Ottawa County) Hauer SSP2

Today (2025)
313,561 people
By 2030
330,027 · +5.3%
By 2040
361,118 · +15.2%
By 2050
388,414 · +23.9%
By 2075
452,175 · +44.2%
By 2100
473,041 · +50.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (91%)
Race & ethnicity
White 91% Hispanic / Latino 4% Two or more races 3% Asian 1%
Common ancestry
Iranian 37% Romanian 8% Lithuanian 3%
Foreign-born
2% · Canada, China, South Korea
Languages at home
97% English-only · Spanish 2%

Political lean MEDSL · Ottawa

2024 margin
Strong R (+20.4) · D 39.0% · R 59.5% · Other 1.5%
2008→2024 swing
+3.4pp toward D · 2008: -23.9pp · 2024: -20.4pp
All cycles
2024: R+20.4 2020: R+21.5 2016: R+30.4 2012: R+34.2 2008: R+23.9

Not yet ingested

Civics

Market trends

HPI YoY
▼ -234.19%
Current HPI
264.7304
Rent YoY
Metro
State GDP YoY
▲ 1.37%
F500 in state
28

Industry mix (Fortune 500 HQ in MI)

Industry F500 HQs Revenue

Price history

+64.2% since first listed
12 events — show timeline
  • 2026-05-28 Listed $550,000 REALCOMP
  • 2026-05-28 Listed $550,000 SW Michigan MLS
  • 2026-05-28 Listed $550,000 MiRealSource-MiMLS
  • 2015-12-10 Sold (Public Records) $328,900 Public Records
  • 2015-11-13 Sold (MLS) $328,900 SW Michigan MLS
  • 2015-11-13 Sold (MLS) $328,900 REALCOMP
  • 2015-11-05 Pending SW Michigan MLS
  • 2015-10-06 Price Changed $334,900 SW Michigan MLS
  • 2015-09-24 Relisted SW Michigan MLS
  • 2015-09-24 Listing Removed SW Michigan MLS
  • 2015-09-20 Listed $339,900 SW Michigan MLS
  • 2015-09-18 Listed $334,900 REALCOMP

Property tax history

+2.9%/yr

Latest (2025): $4,989 · +3.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…