14300 Ridgemont StGregoryMI48137
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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
Rental property for sale in Gregory at 14300 Ridgemont St, Gregory, MI, 48137 generates $3,524/mo in rent, after a $2,765/mo payment. Total monthly income is $3,524/mo. Return on cash invested sits at 18.76% in year one, and rental yield is 7.48% on a $565,000 entry. Equity gained on principal adds $3,646/yr, while 5% annual appreciation builds toward $156,099 over five years. Five-year ROI reaches 97.18% and total cumulative return in cash sums $180,651. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,524/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
1.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48137, Gregory, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,288 (100%) |
| Owner Occupied HU | 1,882 (82.3%) |
| Renter Occupied HU | 110 ( 4.8%) |
| Vacant Housing Units | 296 (12.9%) |
| Median Home Value | $343,612 |
| Average Home Value | $365,863 |
Housing Distribution
Address Breakdown
Residential
2,031
Single Family
2,031
Multi-Family
0
Businesses
47
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