313 Ash StGreenland TownshipMI49929
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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 Greenland Township at 313 Ash St, Greenland Township, MI, 49929 with 5% annual appreciation on a $111,300 basis while $1,326/mo rent supports operations. Total monthly income totals $1,326/mo and a $545/mo payment preserves $592/mo for cash returns. Annual cash flow comes to $7,101/yr on $36,896 deployed, and return on cash invested reaches 39.16% in year one. Equity gained on principal adds $718/yr, and five-year appreciation sums $30,750 alongside rental yield of 14.3%. Five-year ROI measures 206.59% and total cumulative return in cash totals $76,224.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,326/mo property income versus a $545/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49929, Greenland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 60 (100%) |
| Owner Occupied HU | 47 (78.3%) |
| Renter Occupied HU | 12 (20.0%) |
| Vacant Housing Units | 1 ( 1.7%) |
| Median Home Value | $86,250 |
| Average Home Value | $121,383 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
3
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