15520 Greasy Creek RdAtlantaMI49709
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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 Atlanta at 15520 Greasy Creek Rd, Atlanta, MI, 49709 offers a 11.07% rental yield on a $256,900 purchase with $2,369/mo rent. Total monthly income registers $2,369/mo, and a $1,257/mo payment leaves $675/mo available for distribution. Annual cash flow reaches $8,103/yr on $85,162 to close, and return on cash invested stands at 29.42% in year one. Equity gained on principal adds $1,658/yr while 5% annual appreciation supports $70,977 over five years. Portfolio math shows five-year ROI at 154.44% and total cumulative return in cash at $131,524. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,369/mo property income against a $1,257/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
10.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49709, Atlanta, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,858 (100%) |
| Owner Occupied HU | 1,472 (38.2%) |
| Renter Occupied HU | 179 ( 4.6%) |
| Vacant Housing Units | 2,207 (57.2%) |
| Median Home Value | $156,952 |
| Average Home Value | $179,086 |
Housing Distribution
Address Breakdown
Residential
2,068
Single Family
2,068
Multi-Family
0
Businesses
98
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