3915 Krafft RdFort GratiotMI48059
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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 Fort Gratiot at 3915 Krafft Rd, Fort Gratiot, MI, 48059 generates $1,938/mo in rent and, after a $1,223/mo payment, leaves $290/mo in cash flow. Total monthly income is $1,938/mo, and annual cash flow is $3,482/yr on $82,842 invested. Return on cash invested sits at 24.11% in year one, and rental yield is 9.31% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 125.97% and total cumulative return in cash sums $104,354. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,938/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48059, Fort Gratiot, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,478 (100%) |
| Owner Occupied HU | 5,333 (71.3%) |
| Renter Occupied HU | 1,405 (18.8%) |
| Vacant Housing Units | 740 ( 9.9%) |
| Median Home Value | $262,937 |
| Average Home Value | $323,563 |
Housing Distribution
Address Breakdown
Residential
7,003
Single Family
6,469
Multi-Family
534
Businesses
433
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Listed by: Thomas Dado • Community Choice Realty Inc
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20251027842
Disclaimer: IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2025 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. The data relating to real estate properties on this website was last updated as recently as 2025-10-17 21:01:49 PDT Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR- Lauren Buttazzoni - (313) 479-2702