67 W Grand Ledge HwySunfieldMI48890
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
Investment Highlights
Rental property for sale in Sunfield at 67 W Grand Ledge Hwy, Sunfield, MI, 48890 priced at $150,000 pairs $1,165/mo rent with $176/mo cash flow after a $734/mo payment. Total monthly income equals $1,165/mo, and annual cash flow comes to $2,112/yr on $49,725 invested. Return on cash invested is 24.16% in year one, and rental yield stands at 9.32% on a $150,000 basis. Equity gained on principal adds $968/yr, and 5% annual appreciation accumulates to $41,442 by year five. Five-year ROI measures 126.15% and total cumulative return in cash reaches $62,730. For financing, Ziffy Mortgage’s DSCR program evaluates $1,165/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48890, Sunfield, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 868 (100%) |
| Owner Occupied HU | 739 (85.1%) |
| Renter Occupied HU | 90 (10.4%) |
| Vacant Housing Units | 39 ( 4.5%) |
| Median Home Value | $283,427 |
| Average Home Value | $313,359 |
Housing Distribution
Address Breakdown
Residential
736
Single Family
712
Multi-Family
24
Businesses
48
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