2665 Tonawanda Lake RdGrawnMI49637
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 2665 Tonawanda Lake Rd, Grawn, MI, 49637 in Grawn offers a clean, manageable entry. Rental yield 6.22%. DSCR 1.18 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $169,222 in additional property value over five years, with $5,641/yr in principal equity building ownership stake. Total projected cumulative return: $181,917.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.2% | 8.0% |
| Monthly Cash Flow | $(882) | $700 |
City averages based on Grawn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,240 |
| Total Monthly Debt Service | $3,795 |
| DSCR Ratio | 0.85x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1992
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49637, Grawn, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,598 (100%) |
| Owner Occupied HU | 1,169 (73.2%) |
| Renter Occupied HU | 173 (10.8%) |
| Vacant Housing Units | 256 (16.0%) |
| Median Home Value | $270,445 |
| Average Home Value | $332,979 |
Housing Distribution
Address Breakdown
Residential
1,537
Single Family
1,537
Multi-Family
0
Businesses
96
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
Single Family
Built in 1992
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49637, Grawn, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,598 (100%) |
| Owner Occupied HU | 1,169 (73.2%) |
| Renter Occupied HU | 173 (10.8%) |
| Vacant Housing Units | 256 (16.0%) |
| Median Home Value | $270,445 |
| Average Home Value | $332,979 |
Housing Distribution
Address Breakdown
Residential
1,537
Single Family
1,537
Multi-Family
0
Businesses
96
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Hastings • Key Realty One-TC
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1935485
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.