10916 Legrande CtFair HavenMI48023
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 Fair Haven at 10916 Legrande Ct, Fair Haven, MI, 48023 offers a 9.41% rental yield on a $109,900 purchase with $862/mo rent. Total monthly income registers $862/mo, and a $538/mo payment leaves $137/mo available for distribution. Annual cash flow reaches $1,646/yr on $36,432 to close, and return on cash invested stands at 24.43% in year one. Equity gained on principal adds $709/yr while 5% annual appreciation supports $30,363 over five years. Portfolio math shows five-year ROI at 127.71% and total cumulative return in cash at $46,528. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $862/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48023, Fair Haven, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,368 (100%) |
| Owner Occupied HU | 1,730 (73.1%) |
| Renter Occupied HU | 417 (17.6%) |
| Vacant Housing Units | 221 ( 9.3%) |
| Median Home Value | $326,971 |
| Average Home Value | $367,487 |
Housing Distribution
Address Breakdown
Residential
2,203
Single Family
2,203
Multi-Family
0
Businesses
160
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Listed by: N/A • YES!Communities
Mls Name: Yes! Communities
Mls ID: #N/A