16030 Grabowski RdSaint CharlesMI48655
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.54% yield at 16030 Grabowski Rd, Saint Charles, MI, 48655 in Saint Charles is solid, but the $1,236/mo payment compresses net cash flow to $143/mo at $274,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $75,950 by year five, and $2,532/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.58) without U.S. income documentation. Total projected return: $113,958.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 7.0% |
| Monthly Cash Flow | $143 | $350 |
City averages based on Saint Charles market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,956 |
| Total Monthly Debt Service | $1,703 |
| DSCR Ratio | 1.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1987
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48655, Saint Charles, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,516 (100%) |
| Owner Occupied HU | 2,056 (81.7%) |
| Renter Occupied HU | 314 (12.5%) |
| Vacant Housing Units | 146 ( 5.8%) |
| Median Home Value | $204,050 |
| Average Home Value | $235,154 |
Housing Distribution
Address Breakdown
Residential
2,502
Single Family
2,502
Multi-Family
0
Businesses
114
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1987
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48655, Saint Charles, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,516 (100%) |
| Owner Occupied HU | 2,056 (81.7%) |
| Renter Occupied HU | 314 (12.5%) |
| Vacant Housing Units | 146 ( 5.8%) |
| Median Home Value | $204,050 |
| Average Home Value | $235,154 |
Housing Distribution
Address Breakdown
Residential
2,502
Single Family
2,502
Multi-Family
0
Businesses
114
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Paul Burback • The Miller Group
Mls Name: MiRealSource
Mls ID: #50197632