5261 Spinning Wheel DrGrand BlancMI48439
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Blanc at 5261 Spinning Wheel Dr, Grand Blanc, MI, 48439 generates $1,738/mo in rent and, after a $1,224/mo payment, leaves $89/mo in cash flow. Total monthly income is $1,738/mo, and annual cash flow is $1,068/yr on $82,875 invested. Return on cash invested sits at 21.2% in year one, and rental yield is 8.34% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 110.27% and total cumulative return in cash sums $91,390. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,738/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48439, Grand Blanc, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,970 (100%) |
| Owner Occupied HU | 15,548 (70.8%) |
| Renter Occupied HU | 5,440 (24.8%) |
| Vacant Housing Units | 982 ( 4.5%) |
| Median Home Value | $273,989 |
| Average Home Value | $306,474 |
Housing Distribution
Address Breakdown
Residential
22,196
Single Family
20,615
Multi-Family
1,581
Businesses
894
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Diana Van der Vossen • Red Tulip Real Estate
Mls Name: MichRIC
Mls ID: #25045141