14074 S Elder AveGrantMI49327
Nearby investment properties with comparable rents
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 Grant at 14074 S Elder Ave, Grant, MI, 49327 uses $91,129 cash to close to unlock $5,912/yr annual cash flow and $493/mo monthly cash flow. Total monthly income runs $2,380/mo, and a $1,346/mo payment keeps the spread at $493/mo. Purchase price stands at $274,900, and rental yield measures 10.39% with $2,380/mo rent. Return on cash invested shows 26.4% in year one, and 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 138.53% and total cumulative return in cash records $126,243. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,380/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Manufactured
Built in 1994
9.60 Acres lot
$N/A/sqft
$75 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49327, Grant, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,453 (100%) |
| Owner Occupied HU | 2,709 (78.5%) |
| Renter Occupied HU | 479 (13.9%) |
| Vacant Housing Units | 265 ( 7.7%) |
| Median Home Value | $233,616 |
| Average Home Value | $256,336 |
Housing Distribution
Address Breakdown
Residential
3,213
Single Family
3,131
Multi-Family
82
Businesses
137
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
