4445 64th St SWGrandvilleMI49418
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 Grandville at 4445 64th St SW, Grandville, MI, 49418 uses $164,059 cash to close to unlock $6,272/yr annual cash flow and $523/mo monthly cash flow. Total monthly income runs $3,786/mo, and a $2,422/mo payment keeps the spread at $523/mo. Purchase price stands at $494,900, and rental yield measures 9.18% with $3,786/mo rent. Return on cash invested shows 23.73% in year one, and 5% annual appreciation builds toward $136,732 over five years. Five-year ROI reaches 123.89% and total cumulative return in cash records $203,247. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,786/mo property income covering a $2,422/mo payment rather than investor’s personal income.
Single Family
Built in 1977
1.40 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel Sundberg • Epique Realty
Mls Name: MichRIC
Mls ID: #25038347