13689 Oneida RdGrand LedgeMI48837
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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 Ledge at 13689 Oneida Rd, Grand Ledge, MI, 48837 listed at $369,800 pairs $2,923/mo rent with a $1,810/mo payment to leave $484/mo cash flow. Total monthly income runs $2,923/mo, and annual cash flow reaches $5,812/yr on $122,589 cash to close. Return on cash invested measures 24.65% in year one, and rental yield registers 9.49% at a $369,800 basis. Equity gained on principal adds $2,386/yr, and annual property appreciation at 5% supports $102,169 by year five. Five-year ROI tracks 128.81% and total cumulative return in cash totals $157,910. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,923/mo property income relative to a $1,810/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
1.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48837, Grand Ledge, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,621 (100%) |
| Owner Occupied HU | 6,536 (75.8%) |
| Renter Occupied HU | 1,671 (19.4%) |
| Vacant Housing Units | 414 ( 4.8%) |
| Median Home Value | $275,513 |
| Average Home Value | $291,297 |
Housing Distribution
Address Breakdown
Residential
8,396
Single Family
7,745
Multi-Family
651
Businesses
503
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Nearby investment properties with comparable prices
Listed by: Rob Buffington • White Pine Sotheby's International Realty
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #289193
Disclaimer: IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2025 Greater Lansing Association of REALTORS