5300 Clear Lake Rd, Grass Lake, MI, 49240 | $1,565/mo Cash Flow

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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 Grass Lake at 5300 Clear Lake Rd, Grass Lake, MI, 49240 with 5% annual appreciation on a $599,900 basis while $5,521/mo rent supports operations. Total monthly income totals $5,521/mo and a $2,936/mo payment preserves $1,565/mo for cash returns. Annual cash flow comes to $18,782/yr on $197,367 deployed, and return on cash invested reaches 29.58% in year one. Equity gained on principal adds $3,871/yr, and five-year appreciation sums $165,741 alongside rental yield of 11.04%. Five-year ROI measures 155.2% and total cumulative return in cash totals $306,304.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,521/mo property income versus a $2,936/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2012

2 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49240, Grass Lake, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,858 (100%)
Owner Occupied HU	3,252 (84.3%)
Renter Occupied HU	289 ( 7.5%)
Vacant Housing Units	317 ( 8.2%)
Median Home Value	$321,804
Average Home Value	$356,895