4899 8th Ave SWGrandvilleMI49418
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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 Grandville at 4899 8th Ave SW, Grandville, MI, 49418 generates $3,234/mo in rent, after a $3,421/mo payment. Total monthly income is $3,234/mo. Return on cash invested sits at 12.88% in year one, and rental yield is 5.55% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 65.67% and total cumulative return in cash sums $151,022. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,234/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
4.28 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
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Listed by: Giuseppe Lupis • Greenridge Realty (EGR)
Mls Name: MichRIC
Mls ID: #25059690