136 Griggs StRochesterMI48307
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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 Rochester at 136 Griggs St, Rochester, MI, 48307 listed at $1,049,900 pairs $5,219/mo rent with a $5,139/mo payment. Total monthly income runs $5,219/mo. Return on cash invested measures 14.36% in year one, and rental yield registers 5.97% at a $1,049,900 basis. Equity gained on principal adds $6,775/yr, and annual property appreciation at 5% supports $290,068 by year five. Five-year ROI tracks 73.52% and total cumulative return in cash totals $250,090. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,219/mo property income relative to a $5,139/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2014
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48307, Rochester, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,309 (100%) |
| Owner Occupied HU | 12,822 (63.1%) |
| Renter Occupied HU | 6,392 (31.5%) |
| Vacant Housing Units | 1,095 ( 5.4%) |
| Median Home Value | $391,661 |
| Average Home Value | $417,682 |
Housing Distribution
Address Breakdown
Residential
19,347
Single Family
16,548
Multi-Family
2,799
Businesses
1,720
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