1253 Grayton StGrosse Pointe ParkMI48230
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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
Rental property for sale in Grosse Pointe Park at 1253 Grayton St, Grosse Pointe Park, MI, 48230 generates $4,020/mo in rent and, after a $2,765/mo payment, leaves $295/mo in cash flow. Total monthly income is $4,020/mo, and annual cash flow is $3,534/yr on $185,885 invested. Return on cash invested sits at 21.96% in year one, and rental yield is 8.54% on a $565,000 entry. Equity gained on principal adds $3,646/yr, while 5% annual appreciation builds toward $156,099 over five years. Five-year ROI reaches 114.36% and total cumulative return in cash sums $212,571. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,020/mo property income rather than buyer’s personal income.
Single Family
Built in 1939
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48230, Grosse Pointe, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,278 (100%) |
| Owner Occupied HU | 5,393 (74.1%) |
| Renter Occupied HU | 1,458 (20.0%) |
| Vacant Housing Units | 427 ( 5.9%) |
| Median Home Value | $465,224 |
| Average Home Value | $515,405 |
Housing Distribution
Address Breakdown
Residential
7,260
Single Family
7,029
Multi-Family
231
Businesses
377
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Listed by: Catherine Harber • @properties Christie's Int'l RE Grosse Pointe
Mls Name: Realcomp II
Mls ID: #20251062352