4208 W 124th StGrantMI49327
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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
Total monthly income runs $1,950/mo, and a $1,958/mo payment. Purchase price stands at $400,000, and rental yield measures 5.85% with $1,950/mo rent. Return on cash invested shows 13.68% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 69.98% and total cumulative return in cash records $92,788. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,950/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.26 Acres lot
$N/A/sqft
$10 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49327, Grant, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,453 (100%) |
| Owner Occupied HU | 2,709 (78.5%) |
| Renter Occupied HU | 479 (13.9%) |
| Vacant Housing Units | 265 ( 7.7%) |
| Median Home Value | $233,616 |
| Average Home Value | $256,336 |
Housing Distribution
Address Breakdown
Residential
3,213
Single Family
3,131
Multi-Family
82
Businesses
137
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