4255 Jacob 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 4255 Jacob Rd, Grass Lake, MI, 49240 at $324,875 posts ROI 34.08% with $1,272/mo cash flow from $3,414/mo rent. Total monthly income equals $3,414/mo, and annual cash flow records $15,261/yr on $107,696 to close. Return on cash invested measures 34.08% and rental yield reads 12.61% at the current $324,875. Equity gained on principal adds $2,096/yr, and 5% annual appreciation supports $89,757 by year five. Five-year ROI prints 179.36% and total cumulative return in cash totals $193,162.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,414/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1974
2 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: Janis Montalvo • Living In Lenawee Realty, LLC
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50151978
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