13566 S Rainbow DrGregoryMI48137
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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 Gregory at 13566 S Rainbow Dr, Gregory, MI, 48137 listed at $699,000 pairs $5,616/mo rent with a $3,421/mo payment to leave $1,007/mo cash flow. Total monthly income runs $5,616/mo, and annual cash flow reaches $12,080/yr on $229,971 cash to close. Return on cash invested measures 25.31% in year one, and rental yield registers 9.64% at a $699,000 basis. Equity gained on principal adds $4,511/yr, and annual property appreciation at 5% supports $193,121 by year five. Five-year ROI tracks 132.33% and total cumulative return in cash totals $304,310. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,616/mo property income relative to a $3,421/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
1.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48137, Gregory, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,288 (100%) |
| Owner Occupied HU | 1,882 (82.3%) |
| Renter Occupied HU | 110 ( 4.8%) |
| Vacant Housing Units | 296 (12.9%) |
| Median Home Value | $343,612 |
| Average Home Value | $365,863 |
Housing Distribution
Address Breakdown
Residential
2,031
Single Family
2,031
Multi-Family
0
Businesses
47
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