654 Michelle Ct, Garden City, MI, 48135 | $2,043/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Garden City at 654 Michelle Ct, Garden City, MI, 48135 offers $3,493/mo rent that, after a $1,076/mo payment, leaves $2,043/mo cash flow. Total monthly income is $3,493/mo, and annual cash flow is $24,518/yr on $72,897 cash. Return on cash invested measures 53.54% in year one, and rental yield stands at 19.06% at a $219,900 entry. Equity gained on principal adds $1,419/yr while 5% annual appreciation compounds into $60,754 by year five. Five-year ROI records 283.79% and total cumulative return in cash reaches $206,872. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,493/mo property income versus a $1,076/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1954

5,662 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48135, Garden City, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,495 (100%)
Owner Occupied HU	9,122 (79.4%)
Renter Occupied HU	2,013 (17.5%)
Vacant Housing Units	360 ( 3.1%)
Median Home Value	$167,366
Average Home Value	$203,939