2429 Lincoln Manor DrGrand BlancMI48439
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
Investment Highlights
Investment property for sale in Grand Blanc at 2429 Lincoln Manor Dr, Grand Blanc, MI, 48439 earns $260/mo cash flow from $1,246/mo rent with a $732/mo payment. Total monthly income totals $1,246/mo, and annual cash flow totals $3,118/yr on $49,559 capital. ROI tracks 26.2% on current figures, and rental yield reads 10% at a $149,500 purchase. Equity gained on principal adds $965/yr, and 5% annual appreciation supports $41,304 over five years. Five-year ROI reaches 137.13% and total cumulative return in cash sums $67,961. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,246/mo property income instead of your personal income.
Single Family
Built in 1939
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48439, Grand Blanc, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,970 (100%) |
| Owner Occupied HU | 15,548 (70.8%) |
| Renter Occupied HU | 5,440 (24.8%) |
| Vacant Housing Units | 982 ( 4.5%) |
| Median Home Value | $273,989 |
| Average Home Value | $306,474 |
Housing Distribution
Address Breakdown
Residential
22,196
Single Family
20,615
Multi-Family
1,581
Businesses
894
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Paul Raymond • RE/MAX Select
Mls Name: Realcomp II
Mls ID: #20261004312