1203 Froman StGrand BlancMI48439
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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 Blanc at 1203 Froman St, Grand Blanc, MI, 48439 earns $644/mo cash flow from $1,599/mo rent with a $709/mo payment. Total monthly income totals $1,599/mo, and annual cash flow totals $7,724/yr on $48,034 capital. ROI tracks 35.99% on current figures, and rental yield reads 13.24% at a $144,900 purchase. Equity gained on principal adds $935/yr, and 5% annual appreciation supports $40,033 over five years. Five-year ROI reaches 189.64% and total cumulative return in cash sums $91,093. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,599/mo property income instead of your personal income.
Single Family
Built in 1953
0.46 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
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Listed by: Mark E Yuschak • Great Lakes Real Estate Advisors
Mls Name: MiRealSource
Mls ID: #50193595