10329 Leland Dr, Greenville, MI, 48838 | $307/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
2 Bath
2164 sft

1634 Peterson Rd, Orleans, MI, 48865

3 Bed
2 Bath
1794 sft

359 Mill St, Saranac, MI, 48881

4 Bed
2 Bath
2056 sft

3919 E Shore Dr, Stanton, MI, 48888

4 Bed
3 Bath
2716 sft

6900 Riverwood Dr, Belding, MI, 48809

Nearby investment properties with comparable prices

4 Bed
2 Bath
1536 sft

1232 W Main St, Ionia, MI, 48846

2 Bed
2 Bath
1400 sft

2962 N Johnson Rd, Trufant, MI, 49347

3 Bed
2 Bath
1352 sft

1556 Johnson Rd, Belding, MI, 48809

3 Bed
2 Bath
1475 sft

9114 Jones Rd, Howard City, MI, 49329

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Greenville at 10329 Leland Dr, Greenville, MI, 48838 offers a 9.05% rental yield on a $324,900 purchase with $2,449/mo rent. Total monthly income registers $2,449/mo, and a $1,590/mo payment leaves $307/mo available for distribution. Annual cash flow reaches $3,680/yr on $107,704 to close, and return on cash invested stands at 23.33% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,764 over five years. Portfolio math shows five-year ROI at 121.69% and total cumulative return in cash at $131,069. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,449/mo property income against a $1,590/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2005

0.40 Acres 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