414 Elliott Ave, Grand Haven, MI, 49417 | $707/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Grand Haven at 414 Elliott Ave, Grand Haven, MI, 49417 uses $97,793 cash to close to unlock $8,478/yr annual cash flow and $707/mo monthly cash flow. Total monthly income runs $2,652/mo, and a $1,444/mo payment keeps the spread at $707/mo. Purchase price stands at $295,000, and rental yield measures 10.79% with $2,652/mo rent. Return on cash invested shows 28.58% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 149.88% and total cumulative return in cash records $146,570. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,652/mo property income covering a $1,444/mo payment rather than investor’s personal income.

Single Family

Built in 1900

7,405 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49417, Grand Haven, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,444 (100%)
Owner Occupied HU	10,682 (69.2%)
Renter Occupied HU	3,339 (21.6%)
Vacant Housing Units	1,423 ( 9.2%)
Median Home Value	$353,641
Average Home Value	$376,432