14700 Old Grade RdThompsonvilleMI49683
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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
Total monthly income runs $2,292/mo, and a $3,402/mo payment. Purchase price stands at $695,000, and rental yield measures 3.96% with $2,292/mo rent. Return on cash invested shows 8.03% in year one, and 5% annual appreciation builds toward $192,016 over five years. Five-year ROI reaches 39.67% and total cumulative return in cash records $90,702. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,292/mo property income covering a $3,402/mo payment rather than investor’s personal income.
Single Family
Built in 1982
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49683, Thompsonville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,674 (100%) |
| Owner Occupied HU | 872 (52.1%) |
| Renter Occupied HU | 101 ( 6.0%) |
| Vacant Housing Units | 701 (41.9%) |
| Median Home Value | $252,381 |
| Average Home Value | $312,893 |
Housing Distribution
Address Breakdown
Residential
1,090
Single Family
1,090
Multi-Family
0
Businesses
32
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Listed by: Matthew Geib • Viewpoint Realty
Mls Name: NGLRMLS
Mls ID: #1941198