4122 Sylvan 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 4122 Sylvan Rd, Grass lake, MI, 49240 at $519,000 posts ROI 26.53% with $921/mo cash flow from $4,343/mo rent. Total monthly income equals $4,343/mo, and annual cash flow records $11,048/yr on $170,751 to close. Return on cash invested measures 26.53% and rental yield reads 10.04% at the current $519,000. Equity gained on principal adds $3,349/yr, and 5% annual appreciation supports $143,390 by year five. Five-year ROI prints 138.85% and total cumulative return in cash totals $237,093.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,343/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1975
10 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
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Nearby investment properties with comparable prices
Listed by: Willem Van Reesema • The Charles Reinhart Company
Mls Name: MichRIC
Mls Provider:
Mls ID: #25017233
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.