34007 Mitchell StGrand 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
Investment property for sale in Grand Blanc at 34007 Mitchell St, Grand Blanc, MI, 48439 offers a 12.36% rental yield on a $268,900 purchase with $2,770/mo rent. Total monthly income registers $2,770/mo, and a $1,316/mo payment leaves $997/mo available for distribution. Annual cash flow reaches $11,962/yr on $89,140 to close, and return on cash invested stands at 33.33% in year one. Equity gained on principal adds $1,735/yr while 5% annual appreciation supports $74,292 over five years. Portfolio math shows five-year ROI at 175.33% and total cumulative return in cash at $156,292. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,770/mo property income against a $1,316/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2013
N/A 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate
Mls ID: #20251036164