505 Grand St, Saugatuck, MI, 49453 | 2.73% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Saugatuck at 505 Grand St, Saugatuck, MI, 49453 with 5% annual appreciation on a $949,000 basis while $2,160/mo rent supports operations. 31% in year one. Equity gained on principal adds $6,124/yr, and five-year appreciation sums $262,191 alongside rental yield of 2.73%. Five-year ROI measures 19.69% and total cumulative return in cash totals $61,476. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,160/mo property income versus a $4,645/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1951

0.30 Acres lot

$N/A/sqft

No HOA