301 N Grant StGalienMI49113
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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
Rental property for sale in Galien at 301 N Grant St, Galien, MI, 49113 priced at $249,900 converts $2,037/mo rent into $389/mo cash flow after a $1,223/mo obligation. Total monthly income equals $2,037/mo, and annual cash flow totals $4,670/yr on $82,842 invested. Return on cash invested prints 25.55% in year one, and rental yield reads 9.78% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 133.65% and total cumulative return in cash sums $110,714. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,037/mo property income covering a $1,223/mo payment, not borrower’s personal income.
Single Family
Built in 2005
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49113, Galien, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 974 (100%) |
| Owner Occupied HU | 727 (74.6%) |
| Renter Occupied HU | 92 ( 9.4%) |
| Vacant Housing Units | 155 (15.9%) |
| Median Home Value | $220,652 |
| Average Home Value | $308,559 |
Housing Distribution
Address Breakdown
Residential
697
Single Family
697
Multi-Family
0
Businesses
27
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