4568 Grove StHoltMI48842
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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
Rental property for sale in Holt at 4568 Grove St, Holt, MI, 48842 generates $1,494/mo in rent and, after a $1,028/mo payment, leaves $109/mo in cash flow. Total monthly income is $1,494/mo, and annual cash flow is $1,308/yr on $69,615 invested. Return on cash invested sits at 21.79% in year one, and rental yield is 8.54% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 113.41% and total cumulative return in cash sums $78,952. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,494/mo property income rather than buyer’s personal income.
Single Family
Built in 1947
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48842, Holt, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,767 (100%) |
| Owner Occupied HU | 6,777 (69.4%) |
| Renter Occupied HU | 2,574 (26.4%) |
| Vacant Housing Units | 416 ( 4.3%) |
| Median Home Value | $223,975 |
| Average Home Value | $230,312 |
Housing Distribution
Address Breakdown
Residential
9,669
Single Family
8,687
Multi-Family
982
Businesses
489
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