11031 Walker StGrand BlancMI48439
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 Grand Blanc at 11031 Walker St, Grand Blanc, MI, 48439 uses $91,129 cash to close to unlock $1,208/yr annual cash flow and $101/mo monthly cash flow. Total monthly income runs $1,913/mo, and a $1,346/mo payment keeps the spread at $101/mo. Purchase price stands at $274,900, and rental yield measures 8.35% with $1,913/mo rent. Return on cash invested shows 21.23% in year one, and 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 110.48% and total cumulative return in cash records $100,683. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,913/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1986
0.64 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy Lord • REMAX Edge
Mls Name: MiRealSource
Mls ID: #50197324