3757 Norvell Rd, Grass Lake, MI, 49240 | $1,037/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Grass Lake at 3757 Norvell Rd, Grass Lake, MI, 49240 listed at $419,900 pairs $3,806/mo rent with a $2,055/mo payment to leave $1,037/mo cash flow. Total monthly income runs $3,806/mo, and annual cash flow reaches $12,446/yr on $139,197 cash to close. Return on cash invested measures 28.85% in year one, and rental yield registers 10.88% at a $419,900 basis. Equity gained on principal adds $2,710/yr, and annual property appreciation at 5% supports $116,011 by year five. Five-year ROI tracks 151.34% and total cumulative return in cash totals $210,660. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,806/mo property income relative to a $2,055/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2000

7.90 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49240, Grass Lake, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,858 (100%)
Owner Occupied HU	3,252 (84.3%)
Renter Occupied HU	289 ( 7.5%)
Vacant Housing Units	317 ( 8.2%)
Median Home Value	$321,804
Average Home Value	$356,895