7957 Westside Dr · Jenison, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 2/10 · Minimal
- Hot days now (above 95°F)
- 7 days/yr
- Hot days in 30 yrs
- 16 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
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
- Cash flow +7.2/30.0
- Schools +5.5/10.0
- Livability +3.7/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- DSCR +1.4/10.0
- 1% rule +1.2/10.0
- Appreciation +0.0/10.0
$399,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to your next home in the highly desirable Hudsonville School District! This well-maintained 4-bedroom, 2-bath bi-level offers a great mix of space, comfort, and flexibility. Inside, you'll find a bright, open main living area that flows seamlessly into the kitchen and dining space. Perfect for everyday living and entertaining!The upper level features spacious bedrooms and a full bath, while the finished lower level adds a second living area, two additional bedrooms, and another full bath. Ideal for guests or flexible use. Outside, the backyard offers room to relax, entertain, or play, complete with a storage shed, outdoor play set, and hot tub hookup. (Hot tub not included) The finished garage adds extra versatility for hobbies or storage, with a brand new garage door adding a clean, updated touch. Conveniently located near parks, shopping, and dining, this move-in ready home is easy to enjoy. Don't miss your opportunity! OPEN HOUSE 4/25 2-4PM
Key facts
- Outdoor play set
- Hot tub hookup
- Backyard offers room
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/2.0-bath single-family listed at $400k.
Deal economics
- At list price, monthly cash flow is $-553 ($-7k/yr) — negative.
- To cash-flow at today's rent, offer at most $302k (24.4% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $249k (37.7% below list).
- Recommended offer: $249k (37.7% below list) — sets the bar for 1% rule.
- Cap rate 4.6% vs local median 3.3% in Jenison — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
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: 212 active listings in the ZIP; 2 comparable units currently listed for rent nearby; high-income renter base; 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 $3k of loan paydown is wiped out by about $12k 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 6 days on market — expect competitive offers; lowballing is unlikely to land.
- 7 sale attempts since 26y 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 $183k; list at $400k implies a 118% gain — meaningful room to come down on a strong offer.
Questions for the listing agent
- 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?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 0.62% ✗
- Cap rate
- 4.63%
- Cash-on-cash
- -5.93%
- DSCR
- 0.74
- GRM
- 13.4
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- -26.5%
- Equity multiple
- 0.11×
- Total profit
- $-100,164
- Equity at exit
- $59,626
- IRR
- -23.9%
- Equity multiple
- -0.19×
- Total profit
- $-133,066
- Equity at exit
- $34,576
Cash invested: $111,972 (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
ZIP-level market 49426
- Home prices YoY
- -30.9%
- Active inventory
- 212
- Price-to-rent
- 13.4×
Monthly cashflow live
- Estimated rent
- $2,490 medium interval (Pro) →
- Mortgage (P&I)
- −$2,097
- Tax from tax record
- −$257 /mo · $3,084/yr
- Insurance
- −$167
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$523
- Net cashflow
- $-553
Break-even live
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
- $99,975
- Closing costs
- $11,997
- 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 2 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 4638 Rockport Dr Hudsonville, MI | 2.0–3.0 | 2.0–2.5 | 1448 | $2,345 | $1.62 | 3d | 5 | 1.09mi |
| 7999 Green Meadow Ct Apt 1 Georgetown Township, MI | 3.0 | 1.5 | 1200 | $1,745 | $1.45 | 44d | 1 | 1.44mi |
Listing history 15 events
-
2026-04-26status Pending 965-char remark
Show marketing remark (965 chars)
Welcome to your next home in the highly desirable Hudsonville School District! This well-maintained 4-bedroom, 2-bath bi-level offers a great mix of space, comfort, and flexibility. Inside, you'll find a bright, open main living area that flows seamlessly into the kitchen and dining space. Perfect for everyday living and entertaining!The upper level features spacious bedrooms and a full bath, while the finished lower level adds a second living area, two additional bedrooms, and another full bath. Ideal for guests or flexible use. Outside, the backyard offers room to relax, entertain, or play, complete with a storage shed, outdoor play set, and hot tub hookup. (Hot tub not included) The finished garage adds extra versatility for hobbies or storage, with a brand new garage door adding a clean, updated touch. Conveniently located near parks, shopping, and dining, this move-in ready home is easy to enjoy. Don't miss your opportunity! OPEN HOUSE 4/25 2-4PM
-
2026-04-26status Pending 965-char remark
Show marketing remark (965 chars)
Welcome to your next home in the highly desirable Hudsonville School District! This well-maintained 4-bedroom, 2-bath bi-level offers a great mix of space, comfort, and flexibility. Inside, you'll find a bright, open main living area that flows seamlessly into the kitchen and dining space. Perfect for everyday living and entertaining!The upper level features spacious bedrooms and a full bath, while the finished lower level adds a second living area, two additional bedrooms, and another full bath. Ideal for guests or flexible use. Outside, the backyard offers room to relax, entertain, or play, complete with a storage shed, outdoor play set, and hot tub hookup. (Hot tub not included) The finished garage adds extra versatility for hobbies or storage, with a brand new garage door adding a clean, updated touch. Conveniently located near parks, shopping, and dining, this move-in ready home is easy to enjoy. Don't miss your opportunity! OPEN HOUSE 4/25 2-4PM
-
2026-04-26status Pending
Show marketing remark (965 chars)
Welcome to your next home in the highly desirable Hudsonville School District! This well-maintained 4-bedroom, 2-bath bi-level offers a great mix of space, comfort, and flexibility. Inside, you'll find a bright, open main living area that flows seamlessly into the kitchen and dining space. Perfect for everyday living and entertaining!The upper level features spacious bedrooms and a full bath, while the finished lower level adds a second living area, two additional bedrooms, and another full bath. Ideal for guests or flexible use. Outside, the backyard offers room to relax, entertain, or play, complete with a storage shed, outdoor play set, and hot tub hookup. (Hot tub not included) The finished garage adds extra versatility for hobbies or storage, with a brand new garage door adding a clean, updated touch. Conveniently located near parks, shopping, and dining, this move-in ready home is easy to enjoy. Don't miss your opportunity! OPEN HOUSE 4/25 2-4PM
-
2026-04-20$399,900 Active 965-char remark
Show marketing remark (965 chars)
Welcome to your next home in the highly desirable Hudsonville School District! This well-maintained 4-bedroom, 2-bath bi-level offers a great mix of space, comfort, and flexibility. Inside, you'll find a bright, open main living area that flows seamlessly into the kitchen and dining space. Perfect for everyday living and entertaining!The upper level features spacious bedrooms and a full bath, while the finished lower level adds a second living area, two additional bedrooms, and another full bath. Ideal for guests or flexible use. Outside, the backyard offers room to relax, entertain, or play, complete with a storage shed, outdoor play set, and hot tub hookup. (Hot tub not included) The finished garage adds extra versatility for hobbies or storage, with a brand new garage door adding a clean, updated touch. Conveniently located near parks, shopping, and dining, this move-in ready home is easy to enjoy. Don't miss your opportunity! OPEN HOUSE 4/25 2-4PM
-
2026-04-20$399,900 Active 965-char remark
Show marketing remark (965 chars)
Welcome to your next home in the highly desirable Hudsonville School District! This well-maintained 4-bedroom, 2-bath bi-level offers a great mix of space, comfort, and flexibility. Inside, you'll find a bright, open main living area that flows seamlessly into the kitchen and dining space. Perfect for everyday living and entertaining!The upper level features spacious bedrooms and a full bath, while the finished lower level adds a second living area, two additional bedrooms, and another full bath. Ideal for guests or flexible use. Outside, the backyard offers room to relax, entertain, or play, complete with a storage shed, outdoor play set, and hot tub hookup. (Hot tub not included) The finished garage adds extra versatility for hobbies or storage, with a brand new garage door adding a clean, updated touch. Conveniently located near parks, shopping, and dining, this move-in ready home is easy to enjoy. Don't miss your opportunity! OPEN HOUSE 4/25 2-4PM
-
2026-04-20$399,900 Active
Show marketing remark (965 chars)
Welcome to your next home in the highly desirable Hudsonville School District! This well-maintained 4-bedroom, 2-bath bi-level offers a great mix of space, comfort, and flexibility. Inside, you'll find a bright, open main living area that flows seamlessly into the kitchen and dining space. Perfect for everyday living and entertaining!The upper level features spacious bedrooms and a full bath, while the finished lower level adds a second living area, two additional bedrooms, and another full bath. Ideal for guests or flexible use. Outside, the backyard offers room to relax, entertain, or play, complete with a storage shed, outdoor play set, and hot tub hookup. (Hot tub not included) The finished garage adds extra versatility for hobbies or storage, with a brand new garage door adding a clean, updated touch. Conveniently located near parks, shopping, and dining, this move-in ready home is easy to enjoy. Don't miss your opportunity! OPEN HOUSE 4/25 2-4PM
-
2015-06-18soldstatus $183,400
-
2015-06-12soldstatus $183,400
-
2015-06-12soldstatus $183,400
-
2015-05-06$184,900
-
2015-05-06$184,900
-
2001-04-16soldstatus $139,500
-
2001-04-16soldstatus $139,500
-
2000-10-11$139,900
-
2000-10-11$139,900
ⓘ 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
- $3,084 · $257/mo
- Projected year-2 tax
- $4,621 · $385/mo
- Expected delta
- +$1,537/yr (+$128/mo · 49.8%)
ⓘ 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
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $29,883
- − Mortgage interest
- −$22,401
- − Property taxes
- −$3,084
- − Insurance
- −$2,000
- − Repairs & maintenance
- −$2,391
- − Management
- −$2,391
- − Depreciation
- −$11,633
- Taxable loss
- −$14,016
- Est. tax savings @ 24.0%
- +$3,364
- After-tax cash flow
- $-3,278/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
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Ottawa County · 144,142 people
- City population
- 28,090
- Metro
- Grand Rapids-Kentwood, MI
- Population (ZIP)
- 40,523
- Household income
- $112,234
- Rent vs Own
- Severe rent burden
- 149.0
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 (92%)
- Race & ethnicity
- White 92% Two or more races 4% Hispanic / Latino 4% Asian 2%
- Common ancestry
- Iranian 43% Romanian 5% Lithuanian 2%
- Foreign-born
- 3% · Canada
- Languages at home
- 97% English-only · Spanish 1% German/W. Germanic 1%
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
- ▼ -116.09%
- Current HPI
- 259.442
- Rent YoY
- —
- Metro
- Grand Rapids-Kentwood, MI
- State GDP YoY
- ▲ 1.37%
- F500 in state
- 28
Industry mix (Fortune 500 HQ in MI)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Automotive Parts | 3 | $48B |
|
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| Automotive | 2 | $372B |
|
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| Chemicals | 1 | $45B |
|
||
| Automotive Retail | 1 | $29B |
|
||
| Healthcare / Medical Devices | 1 | $23B |
|
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| Automotive Technology | 1 | $20B |
|
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Price history
+185.8% since first listed15 events — show timeline
- 2026-04-26 Pending — MiRealSource-MiMLS
- 2026-04-26 Pending — REALCOMP
- 2026-04-26 Pending — SW Michigan MLS
- 2026-04-20 Listed $399,900 REALCOMP
- 2026-04-20 Listed $399,900 SW Michigan MLS
- 2026-04-20 Listed $399,900 MiRealSource-MiMLS
- 2015-06-18 Sold (Public Records) $183,400 Public Records
- 2015-06-12 Sold (MLS) $183,400 SW Michigan MLS
- 2015-06-12 Sold (MLS) $183,400 REALCOMP
- 2015-05-06 Listed $184,900 SW Michigan MLS
- 2015-05-06 Listed $184,900 REALCOMP
- 2001-04-16 Sold (MLS) $139,500 REALCOMP
- 2001-04-16 Sold (MLS) $139,500 SW Michigan MLS
- 2000-10-11 Listed $139,900 REALCOMP
- 2000-10-11 Listed $139,900 SW Michigan MLS
Property tax history
+2.9%/yrLatest (2025): $3,084 · +3.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…