1081 Grove StDansvilleMI48819
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Dansville at 1081 Grove St, Dansville, MI, 48819 listed at $179,900 pairs $3,030/mo rent with a $881/mo payment to leave $1,843/mo cash flow. Total monthly income runs $3,030/mo, and annual cash flow reaches $22,118/yr on $59,637 cash to close. Return on cash invested measures 57% in year one, and rental yield registers 20.21% at a $179,900 basis. Equity gained on principal adds $1,161/yr, and annual property appreciation at 5% supports $49,703 by year five. Five-year ROI tracks 302.33% and total cumulative return in cash totals $180,297. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,030/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48819, Dansville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,139 (100%) |
| Owner Occupied HU | 1,027 (90.2%) |
| Renter Occupied HU | 65 ( 5.7%) |
| Vacant Housing Units | 47 ( 4.1%) |
| Median Home Value | $272,942 |
| Average Home Value | $305,740 |
Housing Distribution
Address Breakdown
Residential
908
Single Family
908
Multi-Family
0
Businesses
47
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Danielle Roush • Keller Williams Realty Lansing-East
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #282045
Disclaimer: IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2023 Greater Lansing Association of REALTORS