3396 E Baldwin RdGrand BlancMI48439
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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 Grand Blanc at 3396 E Baldwin Rd, Grand Blanc, MI, 48439 priced at $149,900 converts $1,488/mo rent into $499/mo cash flow after a $734/mo obligation. Total monthly income equals $1,488/mo, and annual cash flow totals $5,990/yr on $49,692 invested. Return on cash invested prints 31.96% in year one, and rental yield reads 11.91% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 168.12% and total cumulative return in cash sums $83,543. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,488/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1949
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48439, Grand Blanc, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,970 (100%) |
| Owner Occupied HU | 15,548 (70.8%) |
| Renter Occupied HU | 5,440 (24.8%) |
| Vacant Housing Units | 982 ( 4.5%) |
| Median Home Value | $273,989 |
| Average Home Value | $306,474 |
Housing Distribution
Address Breakdown
Residential
22,196
Single Family
20,615
Multi-Family
1,581
Businesses
894
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Listed by: John E Luke • RE/MAX Platinum-Hartland
Mls Name: Realcomp II
Mls ID: #2210072825