5698 McGrandy RdBridgeportMI48722
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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
Investment property for sale in Bridgeport at 5698 McGrandy Rd, Bridgeport, MI, 48722 uses $38,123 cash to close to unlock $1,302/yr annual cash flow and $109/mo monthly cash flow. Total monthly income runs $867/mo, and a $563/mo payment keeps the spread at $109/mo. Purchase price stands at $115,000, and rental yield measures 9.05% with $867/mo rent. Return on cash invested shows 23.32% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 121.75% and total cumulative return in cash records $46,413. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $867/mo property income covering a $563/mo payment rather than investor’s personal income.
Manufactured
Built in 1962
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48722, Bridgeport, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,457 (100%) |
| Owner Occupied HU | 1,178 (80.9%) |
| Renter Occupied HU | 196 (13.5%) |
| Vacant Housing Units | 83 ( 5.7%) |
| Median Home Value | $177,188 |
| Average Home Value | $214,958 |
Housing Distribution
Address Breakdown
Residential
1,305
Single Family
1,305
Multi-Family
0
Businesses
165
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Listed by: Rieley Gray • Full Circle Real Estate Group LLC
Mls Name: Realcomp II
Mls ID: #20251058411