555 Gidley Cir APT JGrand HavenMI49417
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt 1.63, 555 Gidley Cir APT J, Grand Haven, MI, 49417 in Grand Haven sits at the top of Ziffy Mortgage's DSCR coverage band, a significant advantage for non-U.S. buyers closing without domestic income documentation. Rental yield 8.81%. The 8.81% yield is backed by 5% annual appreciation projecting $89,792 in value gain, plus $2,993/yr in principal reduction. Total projected cumulative return: $122,982.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.5% |
| Monthly Cash Flow | $(33) | $350 |
City averages based on Grand Haven market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,386 |
| Total Monthly Debt Service | $2,289 |
| DSCR Ratio | 1.04x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1975
N/A lot
$N/A/sqft
$275 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49417, Grand Haven, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,444 (100%) |
| Owner Occupied HU | 10,682 (69.2%) |
| Renter Occupied HU | 3,339 (21.6%) |
| Vacant Housing Units | 1,423 ( 9.2%) |
| Median Home Value | $353,641 |
| Average Home Value | $376,432 |
Housing Distribution
Address Breakdown
Residential
14,718
Single Family
13,133
Multi-Family
1,585
Businesses
1,205
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
Condo
Built in 1975
N/A lot
$N/A/sqft
$275 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49417, Grand Haven, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,444 (100%) |
| Owner Occupied HU | 10,682 (69.2%) |
| Renter Occupied HU | 3,339 (21.6%) |
| Vacant Housing Units | 1,423 ( 9.2%) |
| Median Home Value | $353,641 |
| Average Home Value | $376,432 |
Housing Distribution
Address Breakdown
Residential
14,718
Single Family
13,133
Multi-Family
1,585
Businesses
1,205
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leigh P Smith • Keller Williams Realty Rivertown
Mls Name: MichRIC
Mls Provider:
Mls ID: #25034629
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.