207 50th StGrand JunctionMI49056
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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 Grand Junction at 207 50th St, Grand Junction, MI, 49056 listed at $359,953 pairs $2,293/mo rent with a $1,762/mo payment. Total monthly income runs $2,293/mo. Return on cash invested measures 19.1% in year one, and rental yield registers 7.64% at a $359,953 basis. Equity gained on principal adds $2,323/yr, and annual property appreciation at 5% supports $99,448 by year five. Five-year ROI tracks 99.03% and total cumulative return in cash totals $118,171. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,293/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
5.87 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
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Listed by: Troy D McKenney • Five Star Real Estate
Mls Name: MichRIC
Mls ID: #25041780