1410 Grebe RdHighlandMI48357
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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 Highland at 1410 Grebe Rd, Highland, MI, 48357 uses $112,710 cash to close to unlock $1,656/yr annual cash flow and $138/mo monthly cash flow. Total monthly income runs $2,380/mo, and a $1,664/mo payment keeps the spread at $138/mo. Purchase price stands at $340,000, and rental yield measures 8.4% with $2,380/mo rent. Return on cash invested shows 21.38% in year one, and 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 111.24% and total cumulative return in cash records $125,382. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,380/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 1969
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48357, Highland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,861 (100%) |
| Owner Occupied HU | 3,374 (87.4%) |
| Renter Occupied HU | 317 ( 8.2%) |
| Vacant Housing Units | 170 ( 4.4%) |
| Median Home Value | $414,201 |
| Average Home Value | $442,907 |
Housing Distribution
Address Breakdown
Residential
3,651
Single Family
3,651
Multi-Family
0
Businesses
487
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