4089 Blueberry LnFort GratiotMI48059
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
Rental property for sale in Fort Gratiot at 4089 Blueberry Ln, Fort Gratiot, MI, 48059 priced at $287,900 converts $1,986/mo rent into after a $1,409/mo obligation. Total monthly income equals $1,986/mo. Return on cash invested prints 18.33% in year one, and rental yield reads 8.28% against a $287,900 entry. Equity gained on principal adds $1,858/yr, while 5% annual appreciation compiles into $79,541 by year five. Five-year ROI reaches 95.9% and total cumulative return in cash sums $91,529. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,986/mo property income covering a $1,409/mo payment, not borrower’s personal income.
Single Family
Built in 1998
0.34 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: Tammi Steinert • KW Platinum Port Huron
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50164101
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