4117 Grandview Ter SWGrandvilleMI49418
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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 Grandville at 4117 Grandview Ter SW, Grandville, MI, 49418 generates $1,633/mo in rent and, after a $1,199/mo payment, leaves $18/mo in cash flow. Total monthly income is $1,633/mo, and annual cash flow is $212/yr on $81,184 invested. Return on cash invested sits at 20.17% in year one, and rental yield is 8% on a $244,900 entry. Equity gained on principal adds $1,580/yr, while 5% annual appreciation builds toward $67,661 over five years. Five-year ROI reaches 104.79% and total cumulative return in cash sums $85,073. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,633/mo property income rather than buyer’s personal income.
Condo
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49418, Grandville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,599 (100%) |
| Owner Occupied HU | 9,108 (67.0%) |
| Renter Occupied HU | 3,710 (27.3%) |
| Vacant Housing Units | 781 ( 5.7%) |
| Median Home Value | $339,505 |
| Average Home Value | $383,744 |
Housing Distribution
Address Breakdown
Residential
13,158
Single Family
12,047
Multi-Family
1,111
Businesses
1,101
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Listed by: Jacob Lietaert • Keller Williams GR North (Main)
Mls Name: MichRIC
Mls ID: #25055586