185 E Commerce StGrantMI49327
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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
Rental property for sale in Grant at 185 E Commerce St, Grant, MI, 49327 generates $1,735/mo in rent and, after a $1,175/mo payment, leaves $152/mo in cash flow. Total monthly income is $1,735/mo, and annual cash flow is $1,824/yr on $79,560 invested. Return on cash invested sits at 22.2% in year one, and rental yield is 8.68% on a $239,999 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,307 over five years. Five-year ROI reaches 115.67% and total cumulative return in cash sums $92,030. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,735/mo property income rather than buyer’s personal income.
Single Family
Built in 1923
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49327, Grant, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,453 (100%) |
| Owner Occupied HU | 2,709 (78.5%) |
| Renter Occupied HU | 479 (13.9%) |
| Vacant Housing Units | 265 ( 7.7%) |
| Median Home Value | $233,616 |
| Average Home Value | $256,336 |
Housing Distribution
Address Breakdown
Residential
3,213
Single Family
3,131
Multi-Family
82
Businesses
137
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