11882 Chickory DrGrand 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 11882 Chickory Dr, Grand Haven, MI, 49417 earns $369/mo cash flow from $4,094/mo rent with a $2,765/mo payment. Total monthly income totals $4,094/mo, and annual cash flow totals $4,422/yr on $185,885 capital. ROI tracks 22.44% on current figures, and rental yield reads 8.7% at a $565,000 purchase. Equity gained on principal adds $3,646/yr, and 5% annual appreciation supports $156,099 over five years. Five-year ROI reaches 116.92% and total cumulative return in cash sums $217,335. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,094/mo property income instead of your personal income.
Single Family
Built in 1991
0.37 Acres 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: Kaylee C Vander Baan • RE/MAX of Grand Rapids (FH)
Mls Name: MichRIC
Mls Provider:
Mls ID: #25034663
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.