16170 Wacousta Rd, Grand Ledge, MI, 48837 | $9/mo Cash Flow

For Sale

Ziffy Mortgage

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 Ledge at 16170 Wacousta Rd, Grand Ledge, MI, 48837 offers a 7.94% rental yield on a $419,000 purchase with $2,772/mo rent. Total monthly income registers $2,772/mo, and a $2,051/mo payment leaves $9/mo available for distribution. Annual cash flow reaches $104/yr on $138,899 to close, and return on cash invested stands at 19.98% in year one. Equity gained on principal adds $2,704/yr while 5% annual appreciation supports $115,762 over five years. Portfolio math shows five-year ROI at 103.77% and total cumulative return in cash at $144,137. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,772/mo property income against a $2,051/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1964

17.90 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48837, Grand Ledge, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,621 (100%)
Owner Occupied HU	6,536 (75.8%)
Renter Occupied HU	1,671 (19.4%)
Vacant Housing Units	414 ( 4.8%)
Median Home Value	$275,513
Average Home Value	$291,297