28940 Grandview StInksterMI48141
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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
Investment property for sale in Inkster at 28940 Grandview St, Inkster, MI, 48141 listed at $144,900 pairs $1,110/mo rent with a $709/mo payment to leave $155/mo cash flow. Total monthly income runs $1,110/mo, and annual cash flow reaches $1,856/yr on $48,034 cash to close. Return on cash invested measures 23.77% in year one, and rental yield registers 9.19% at a $144,900 basis. Equity gained on principal adds $935/yr, and annual property appreciation at 5% supports $40,033 by year five. Five-year ROI tracks 124.14% and total cumulative return in cash totals $59,629. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,110/mo property income relative to a $709/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1953
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48141, Inkster, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,453 (100%) |
| Owner Occupied HU | 4,906 (42.8%) |
| Renter Occupied HU | 5,273 (46.0%) |
| Vacant Housing Units | 1,274 (11.1%) |
| Median Home Value | $80,435 |
| Average Home Value | $133,879 |
Housing Distribution
Address Breakdown
Residential
10,454
Single Family
8,889
Multi-Family
1,565
Businesses
375
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