1010 Orange StGreenvilleMI48838
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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
Investment property for sale in Greenville at 1010 Orange St, Greenville, MI, 48838 offers a 14.68% rental yield on a $153,600 purchase with $1,879/mo rent. Total monthly income registers $1,879/mo, and a $752/mo payment leaves $857/mo available for distribution. Annual cash flow reaches $10,283/yr on $50,918 to close, and return on cash invested stands at 40.1% in year one. Equity gained on principal adds $991/yr while 5% annual appreciation supports $42,437 over five years. Portfolio math shows five-year ROI at 211.74% and total cumulative return in cash at $107,816. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,879/mo property income against a $752/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
8,928 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48838, Greenville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,395 (100%) |
| Owner Occupied HU | 6,106 (72.7%) |
| Renter Occupied HU | 1,708 (20.3%) |
| Vacant Housing Units | 581 ( 6.9%) |
| Median Home Value | $241,215 |
| Average Home Value | $271,533 |
Housing Distribution
Address Breakdown
Residential
8,154
Single Family
7,800
Multi-Family
354
Businesses
680
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