14528 Grass Lake RdGrass LakeMI49240
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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 Grass Lake at 14528 Grass Lake Rd, Grass Lake, MI, 49240 listed at $349,900 pairs $2,437/mo rent with a $1,713/mo payment to leave $129/mo cash flow. Total monthly income runs $2,437/mo, and annual cash flow reaches $1,550/yr on $115,992 cash to close. Return on cash invested measures 21.25% in year one, and rental yield registers 8.36% at a $349,900 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,671 by year five. Five-year ROI tracks 110.58% and total cumulative return in cash totals $128,262. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,437/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49240, Grass Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,858 (100%) |
| Owner Occupied HU | 3,252 (84.3%) |
| Renter Occupied HU | 289 ( 7.5%) |
| Vacant Housing Units | 317 ( 8.2%) |
| Median Home Value | $321,804 |
| Average Home Value | $356,895 |
Housing Distribution
Address Breakdown
Residential
3,700
Single Family
3,700
Multi-Family
0
Businesses
133
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Listed by: Bruce Maxson • The Charles Reinhart Company
Mls Name: MichRIC
Mls ID: #25037083