204 50th StGrand JunctionMI49056
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 204 50th St, Grand Junction, MI, 49056 in Grand Junction deserves attention. This $222,500 property earns $2,054/mo in rent, a 11.08% gross yield, and nets $587/mo after the $1,001/mo payment. DSCR 2.05 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $61,473 compounds alongside $2,049/yr in yearly equity build, for a total cumulative return of $122,551.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 8.5% |
| Monthly Cash Flow | $587 | $350 |
City averages based on Grand Junction market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,054 |
| Total Monthly Debt Service | $1,379 |
| DSCR Ratio | 1.49x |
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 1940
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49056, Grand Junction, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,347 (100%) |
| Owner Occupied HU | 1,372 (58.5%) |
| Renter Occupied HU | 239 (10.2%) |
| Vacant Housing Units | 736 (31.4%) |
| Median Home Value | $200,592 |
| Average Home Value | $233,628 |
Housing Distribution
Address Breakdown
Residential
1,759
Single Family
1,759
Multi-Family
0
Businesses
37
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 1940
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49056, Grand Junction, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,347 (100%) |
| Owner Occupied HU | 1,372 (58.5%) |
| Renter Occupied HU | 239 (10.2%) |
| Vacant Housing Units | 736 (31.4%) |
| Median Home Value | $200,592 |
| Average Home Value | $233,628 |
Housing Distribution
Address Breakdown
Residential
1,759
Single Family
1,759
Multi-Family
0
Businesses
37
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Corin Dickerson • City2Shore Gateway Group
Mls Name: MichRIC
Mls Provider:
Mls ID: #25038050
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.