15729 County Road 215Grand JunctionMI49056
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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 Grand Junction at 15729 County Road 215, Grand Junction, MI, 49056 offers a 6.81% rental yield on a $398,500 purchase with $2,262/mo rent. 59% in year one. Equity gained on principal adds $2,571/yr while 5% annual appreciation supports $110,098 over five years. Portfolio math shows five-year ROI at 85.58% and total cumulative return in cash at $113,053. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,262/mo property income against a $1,950/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
18.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49056, Grand Junction, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,347 (100%) |
| Owner Occupied HU | 1,372 (58.5%) |
| Renter Occupied HU | 239 (10.2%) |
| Vacant Housing Units | 736 (31.4%) |
| Median Home Value | $200,592 |
| Average Home Value | $233,628 |
Housing Distribution
Address Breakdown
Residential
1,759
Single Family
1,759
Multi-Family
0
Businesses
37
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Listed by: Jesusa Aleman • Century 21 Affiliated
Mls Name: MichRIC
Mls ID: #25011153