A clean deal for the right lender.
New construction · DSCR-eligible · All-electric · Georgetown Township, Ottawa County, MI
Why It Pencils.
🏗 New Construction
Brand new single-story homes built for 2024+ buyers.
📊 DSCR Loan Eligible
No income verification. Rent covers debt service.
⚡ All-Electric + Solar
Ultra-low utility costs = strong tenant retention.
🏡 3BR / 2BA · 1,400 SF
Optimized layout for maximum rental appeal.
💰 Target Rent
$2,200–$2,400/month per unit (3BR West MI)
📈 4 Units Per Parcel
Target gross rental income: $8,800–$9,600/month
📄 12-Month Leases Only
No short-term volatility. Stable, predictable income.
🔒 Low Maintenance
New construction + all-electric = minimal service calls.
The Numbers.
Build cost: ~$185K/unit · 4 units/parcel · Total project: ~$740K · Projected gross rent: $8,800–$9,600/month · DSCR ratio: 1.25+ · Loan type: Construction-to-perm · ARV: TBD with lender appraisal
Ottawa County, Georgetown Township. Lowest tax rate in West Michigan. New-construction = lowest maintenance reserves. Tenant class: working professionals and families. Historically low vacancy in the Jenison/Georgetown market.
Let’s Talk.
