211 W South St, Grand Ledge, MI, 48837 | $211/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Grand Ledge at 211 W South St, Grand Ledge, MI, 48837 offers $1,806/mo rent that, after a $1,184/mo payment, leaves $211/mo cash flow. Total monthly income is $1,806/mo, and annual cash flow is $2,527/yr on $80,223 cash. Return on cash invested measures 23.06% in year one, and rental yield stands at 8.96% at a $242,000 entry. Equity gained on principal adds $1,562/yr while 5% annual appreciation compounds into $66,860 by year five. Five-year ROI records 120.27% and total cumulative return in cash reaches $96,486. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,806/mo property income versus a $1,184/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1950

8,276 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48837, Grand Ledge, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,621 (100%)
Owner Occupied HU	6,536 (75.8%)
Renter Occupied HU	1,671 (19.4%)
Vacant Housing Units	414 ( 4.8%)
Median Home Value	$275,513
Average Home Value	$291,297