5864 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 5864 McGrandy Rd, Bridgeport, MI, 48722 earns $164/mo cash flow from $1,153/mo rent with a $734/mo payment. Total monthly income totals $1,153/mo, and annual cash flow totals $1,970/yr on $49,692 capital. ROI tracks 23.87% on current figures, and rental yield reads 9.23% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 124.7% and total cumulative return in cash sums $61,967. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,153/mo property income instead of your personal income.
Single Family
Built in 1960
0.35 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: Eric Stamm • Eric Stamm Team Real Estate
Mls Name: MiRealSource
Mls ID: #50184911