3148 Brace RdFort GratiotMI48059
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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 Fort Gratiot at 3148 Brace Rd, Fort Gratiot, MI, 48059 listed at $259,900 pairs $2,281/mo rent with a $1,272/mo payment to leave $529/mo cash flow. Total monthly income runs $2,281/mo, and annual cash flow reaches $6,349/yr on $86,157 cash to close. Return on cash invested measures 27.28% in year one, and rental yield registers 10.53% at a $259,900 basis. Equity gained on principal adds $1,677/yr, and annual property appreciation at 5% supports $71,806 by year five. Five-year ROI tracks 143.12% and total cumulative return in cash totals $123,310. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,281/mo property income relative to a $1,272/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2019
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48059, Fort Gratiot, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,478 (100%) |
| Owner Occupied HU | 5,333 (71.3%) |
| Renter Occupied HU | 1,405 (18.8%) |
| Vacant Housing Units | 740 ( 9.9%) |
| Median Home Value | $262,937 |
| Average Home Value | $323,563 |
Housing Distribution
Address Breakdown
Residential
7,003
Single Family
6,469
Multi-Family
534
Businesses
433
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Nearby investment properties with comparable prices
Listed by: Dee J Patsalis • Sine & Monaghan Realtors LLC St Clair
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50189254
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