10386 Edgewood DrGrand BlancMI48439
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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 Grand Blanc at 10386 Edgewood Dr, Grand Blanc, MI, 48439 uses $140,854 cash to close to unlock $11,108/yr annual cash flow and $926/mo monthly cash flow. Total monthly income runs $3,728/mo, and a $2,080/mo payment keeps the spread at $926/mo. Purchase price stands at $424,900, and rental yield measures 10.53% with $3,728/mo rent. Return on cash invested shows 27.8% in year one, and 5% annual appreciation builds toward $117,392 over five years. Five-year ROI reaches 145.66% and total cumulative return in cash records $205,173. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,728/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Condo
Built in 2003
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48439, Grand Blanc, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,970 (100%) |
| Owner Occupied HU | 15,548 (70.8%) |
| Renter Occupied HU | 5,440 (24.8%) |
| Vacant Housing Units | 982 ( 4.5%) |
| Median Home Value | $273,989 |
| Average Home Value | $306,474 |
Housing Distribution
Address Breakdown
Residential
22,196
Single Family
20,615
Multi-Family
1,581
Businesses
894
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Listed by: Kelly Gust • New Beginnings
Mls Name: MiRealSource
Mls ID: #50186893