47233 County Road 380Grand JunctionMI49056
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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 Grand Junction at 47233 County Road 380, Grand Junction, MI, 49056 generates $3,005/mo in rent, after a $3,782/mo payment. Total monthly income is $3,005/mo. Return on cash invested sits at 10.19% in year one, and rental yield is 4.67% on a $772,700 entry. Equity gained on principal adds $4,986/yr, while 5% annual appreciation builds toward $213,483 over five years. Five-year ROI reaches 51.24% and total cumulative return in cash sums $130,265. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,005/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49056, Grand Junction, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,347 (100%) |
| Owner Occupied HU | 1,372 (58.5%) |
| Renter Occupied HU | 239 (10.2%) |
| Vacant Housing Units | 736 (31.4%) |
| Median Home Value | $200,592 |
| Average Home Value | $233,628 |
Housing Distribution
Address Breakdown
Residential
1,759
Single Family
1,759
Multi-Family
0
Businesses
37
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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