21918 Knudsen DrGrosse IleMI48138
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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 Grosse Ile at 21918 Knudsen Dr, Grosse Ile, MI, 48138 generates $4,013/mo in rent and, after a $2,359/mo payment, leaves $835/mo in cash flow. Total monthly income is $4,013/mo, and annual cash flow is $10,015/yr on $159,783 invested. Return on cash invested sits at 26.18% in year one, and rental yield is 9.99% on a $482,000 entry. Equity gained on principal adds $3,110/yr, while 5% annual appreciation builds toward $133,168 over five years. Five-year ROI reaches 136.98% and total cumulative return in cash sums $218,876. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,013/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48138, Grosse Ile, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,486 (100%) |
| Owner Occupied HU | 3,999 (89.1%) |
| Renter Occupied HU | 294 ( 6.6%) |
| Vacant Housing Units | 193 ( 4.3%) |
| Median Home Value | $391,254 |
| Average Home Value | $436,998 |
Housing Distribution
Address Breakdown
Residential
4,393
Single Family
4,023
Multi-Family
370
Businesses
224
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Listed by: S Brooke MacNee • MBA Realty
Mls Name: Realcomp II
Mls ID: #20250003731