1401 57th StGrand junctionMI49056
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Nearby investment properties with comparable prices
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 junction at 1401 57th St, Grand junction, MI, 49056 listed at $764,999 pairs $2,146/mo rent with a $3,744/mo payment. Total monthly income runs $2,146/mo. Return on cash invested measures 6.24% in year one, and rental yield registers 3.37% at a $764,999 basis. Equity gained on principal adds $4,936/yr, and annual property appreciation at 5% supports $211,355 by year five. Five-year ROI tracks 30.05% and total cumulative return in cash totals $75,635. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,146/mo property income relative to a $3,744/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
22.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49056, Grand Junction, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,347 (100%) |
| Owner Occupied HU | 1,372 (58.5%) |
| Renter Occupied HU | 239 (10.2%) |
| Vacant Housing Units | 736 (31.4%) |
| Median Home Value | $200,592 |
| Average Home Value | $233,628 |
Housing Distribution
Address Breakdown
Residential
1,759
Single Family
1,759
Multi-Family
0
Businesses
37
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Listed by: Michael Dubbink • Jaqua REALTORS
Mls Name: MichRIC
Mls ID: #25035136