210 W Grove AveMichigan CenterMI49254
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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 Michigan Center at 210 W Grove Ave, Michigan Center, MI, 49254 earns from $1,947/mo rent with a $2,276/mo payment. Total monthly income totals $1,947/mo. ROI tracks 11.19% on current figures, and rental yield reads 5.02% at a $465,000 purchase. Equity gained on principal adds $3,001/yr, and 5% annual appreciation supports $128,471 over five years. Five-year ROI reaches 56.65% and total cumulative return in cash sums $87,323. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,947/mo property income instead of your personal income.
Single Family
Built in 1900
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49254, Michigan Center, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,517 (100%) |
| Owner Occupied HU | 1,167 (76.9%) |
| Renter Occupied HU | 227 (15.0%) |
| Vacant Housing Units | 123 ( 8.1%) |
| Median Home Value | $208,133 |
| Average Home Value | $235,548 |
Housing Distribution
Address Breakdown
Residential
1,436
Single Family
1,432
Multi-Family
4
Businesses
191
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Listed by: Mary Jane Whitson • EXIT REALTY 1ST LLC
Mls Name: MichRIC
Mls ID: #25032332