15935 Ridgefield St, Grand Haven, MI, 49417 | $1,172/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Grand Haven at 15935 Ridgefield St, Grand Haven, MI, 49417 uses $157,429 cash to close to unlock $14,060/yr annual cash flow and $1,172/mo monthly cash flow. Total monthly income runs $4,303/mo, and a $2,324/mo payment keeps the spread at $1,172/mo. Purchase price stands at $474,900, and rental yield measures 10.87% with $4,303/mo rent. Return on cash invested shows 28.84% in year one, and 5% annual appreciation builds toward $131,206 over five years. Five-year ROI reaches 151.27% and total cumulative return in cash records $238,139. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,303/mo property income covering a $2,324/mo payment rather than investor’s personal income.

Single Family

Built in 2001

0.52 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49417, Grand Haven, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,444 (100%)
Owner Occupied HU	10,682 (69.2%)
Renter Occupied HU	3,339 (21.6%)
Vacant Housing Units	1,423 ( 9.2%)
Median Home Value	$353,641
Average Home Value	$376,432