2794 Kalmbach RdGrass LakeMI49240
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 Grass Lake at 2794 Kalmbach Rd, Grass Lake, MI, 49240 at $545,000 posts ROI 7.25% with from $1,680/mo rent. Total monthly income equals $1,680/mo. Return on cash invested measures 7.25% and rental yield reads 3.7% at the current $545,000. Equity gained on principal adds $3,517/yr, and 5% annual appreciation supports $150,573 by year five. Five-year ROI prints 35.46% and total cumulative return in cash totals $63,588. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,680/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
3.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49240, Grass Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,858 (100%) |
| Owner Occupied HU | 3,252 (84.3%) |
| Renter Occupied HU | 289 ( 7.5%) |
| Vacant Housing Units | 317 ( 8.2%) |
| Median Home Value | $321,804 |
| Average Home Value | $356,895 |
Housing Distribution
Address Breakdown
Residential
3,700
Single Family
3,700
Multi-Family
0
Businesses
133
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Nearby investment properties with comparable prices
Listed by: Brittany Miles-Ostrowski • ERA REARDON REALTY, L.L.C.
Mls Name: MichRIC
Mls Provider:
Mls ID: #25019322
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.