6441 Grace DrHaleMI48739
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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 Hale at 6441 Grace Dr, Hale, MI, 48739 uses $51,383 cash to close to unlock $2,046/yr annual cash flow and $171/mo monthly cash flow. Total monthly income runs $1,193/mo, and a $759/mo payment keeps the spread at $171/mo. Purchase price stands at $155,000, and rental yield measures 9.24% with $1,193/mo rent. Return on cash invested shows 23.89% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 124.79% and total cumulative return in cash records $64,120. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,193/mo property income covering a $759/mo payment rather than investor’s personal income.
Single Family
Built in 1960
5.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48739, Hale, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,225 (100%) |
| Owner Occupied HU | 1,619 (38.3%) |
| Renter Occupied HU | 205 ( 4.9%) |
| Vacant Housing Units | 2,401 (56.8%) |
| Median Home Value | $188,876 |
| Average Home Value | $215,741 |
Housing Distribution
Address Breakdown
Residential
2,212
Single Family
2,212
Multi-Family
0
Businesses
111
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