35010 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 35010 Mitchell St, Grand Blanc, MI, 48439 listed at $230,000 pairs $1,545/mo rent with a $1,126/mo payment to leave $28/mo cash flow. Total monthly income runs $1,545/mo, and annual cash flow reaches $336/yr on $76,245 cash to close. Return on cash invested measures 20.35% in year one, and rental yield registers 8.06% at a $230,000 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,545 by year five. Five-year ROI tracks 105.73% and total cumulative return in cash totals $80,611. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,545/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2007
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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Listed by: Jason White • EXP Realty - Fenton
Mls Name: Realcomp II
Mls ID: #20251042423