510 W Grove St, Greenville, MI, 48838 | $681/mo Cash Flow

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

Rental property for sale in Greenville at 510 W Grove St, Greenville, MI, 48838 offers $2,191/mo rent that, after a $1,121/mo payment, leaves $681/mo cash flow. Total monthly income is $2,191/mo, and annual cash flow is $8,168/yr on $75,914 cash. Return on cash invested measures 30.67% in year one, and rental yield stands at 11.48% at a $229,000 entry. Equity gained on principal adds $1,478/yr while 5% annual appreciation compounds into $63,268 by year five. Five-year ROI records 161.08% and total cumulative return in cash reaches $122,285. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,191/mo property income versus a $1,121/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1942

6,969 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48838, Greenville, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,395 (100%)
Owner Occupied HU	6,106 (72.7%)
Renter Occupied HU	1,708 (20.3%)
Vacant Housing Units	581 ( 6.9%)
Median Home Value	$241,215
Average Home Value	$271,533