1129 Waverly AveGrand HavenMI49417
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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 Haven at 1129 Waverly Ave, Grand Haven, MI, 49417 with 5% annual appreciation on a $290,000 basis while $1,873/mo rent supports operations. 42% in year one. Equity gained on principal adds $1,871/yr, and five-year appreciation sums $80,122 alongside rental yield of 7.75%. Five-year ROI measures 100.75% and total cumulative return in cash totals $96,856. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,873/mo property income versus a $1,419/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1951
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49417, Grand Haven, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,444 (100%) |
| Owner Occupied HU | 10,682 (69.2%) |
| Renter Occupied HU | 3,339 (21.6%) |
| Vacant Housing Units | 1,423 ( 9.2%) |
| Median Home Value | $353,641 |
| Average Home Value | $376,432 |
Housing Distribution
Address Breakdown
Residential
14,718
Single Family
13,133
Multi-Family
1,585
Businesses
1,205
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Listed by: Jacob Mitchell • RE/MAX West
Mls Name: MichRIC
Mls Provider:
Mls ID: #25007586
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.