2646 Grange RdTrentonMI48183
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 Trenton at 2646 Grange Rd, Trenton, MI, 48183 uses $61,129 cash to close to unlock $6,690/yr annual cash flow and $558/mo monthly cash flow. Total monthly income runs $1,774/mo, and a $903/mo payment keeps the spread at $558/mo. Purchase price stands at $184,400, and rental yield measures 11.54% with $1,774/mo rent. Return on cash invested shows 30.85% in year one, and 5% annual appreciation builds toward $50,946 over five years. Five-year ROI reaches 162.1% and total cumulative return in cash records $99,090. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,774/mo property income covering a $903/mo payment rather than investor’s personal income.
Single Family
Built in 1953
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48183, Trenton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,677 (100%) |
| Owner Occupied HU | 13,910 (74.5%) |
| Renter Occupied HU | 4,172 (22.3%) |
| Vacant Housing Units | 595 ( 3.2%) |
| Median Home Value | $228,663 |
| Average Home Value | $252,497 |
Housing Distribution
Address Breakdown
Residential
18,671
Single Family
15,983
Multi-Family
2,688
Businesses
1,012
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices