3901 Wolf Lake RdGrass LakeMI49240
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Grass Lake at 3901 Wolf Lake Rd, Grass Lake, MI, 49240 at $399,900 posts ROI 17.54% with from $2,375/mo rent. Total monthly income equals $2,375/mo. Return on cash invested measures 17.54% and rental yield reads 7.13% at the current $399,900. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 by year five. Five-year ROI prints 90.68% and total cumulative return in cash totals $120,212. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,375/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1980
4.49 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 |
Housing Distribution
Address Breakdown
Residential
3,700
Single Family
3,700
Multi-Family
0
Businesses
133
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jarchow & Lester • PRODUCTION REALTY - GRASS LAKE
Mls Name: MichRIC
Mls Provider:
Mls ID: #25012244
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.