12640 Bucs 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 12640 Bucs Dr, Grand Haven, MI, 49417 offers a 5.98% rental yield on a $879,900 purchase with $4,382/mo rent. 17% in year one. Equity gained on principal adds $5,678/yr while 5% annual appreciation supports $243,100 over five years. Portfolio math shows five-year ROI at 72.58% and total cumulative return in cash at $210,097. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,382/mo property income against a $4,307/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
7.26 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: Steven Vanderwerp • HomeRealty, LLC
Mls Name: MichRIC
Mls ID: #25022077