1635 Ewing StGrawnMI49637
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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 Grawn at 1635 Ewing St, Grawn, MI, 49637 uses $41,438 cash to close to unlock $2,058/yr annual cash flow and $172/mo monthly cash flow. Total monthly income runs $996/mo, and a $612/mo payment keeps the spread at $172/mo. Purchase price stands at $125,000, and rental yield measures 9.56% with $996/mo rent. Return on cash invested shows 24.88% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 130.07% and total cumulative return in cash records $53,897. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $996/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49637, Grawn, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,598 (100%) |
| Owner Occupied HU | 1,169 (73.2%) |
| Renter Occupied HU | 173 (10.8%) |
| Vacant Housing Units | 256 (16.0%) |
| Median Home Value | $270,445 |
| Average Home Value | $332,979 |
Housing Distribution
Address Breakdown
Residential
1,537
Single Family
1,537
Multi-Family
0
Businesses
96
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