534 Westover PassGrand BlancMI48439
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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 Grand Blanc at 534 Westover Pass, Grand Blanc, MI, 48439 priced at $359,900 converts $2,958/mo rent into $584/mo cash flow after a $1,762/mo obligation. Total monthly income equals $2,958/mo, and annual cash flow totals $7,010/yr on $119,307 invested. Return on cash invested prints 25.78% in year one, and rental yield reads 9.86% against a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation compiles into $99,434 by year five. Five-year ROI reaches 134.92% and total cumulative return in cash sums $160,970. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,958/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Single Family
Built in 1963
0.31 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
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Listed by: Michael Barrett • Max Broock, REALTORS-Troy
Mls Name: Realcomp II
Mls ID: #20261004971