681 E Hess Lake DrGrantMI49327
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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 Grant at 681 E Hess Lake Dr, Grant, MI, 49327 with 5% annual appreciation on a $625,000 basis while $2,010/mo rent supports operations. 74% in year one. Equity gained on principal adds $4,033/yr, and five-year appreciation sums $172,676 alongside rental yield of 3.86%. Five-year ROI measures 38.09% and total cumulative return in cash totals $78,313. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,010/mo property income versus a $3,059/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49327, Grant, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,453 (100%) |
| Owner Occupied HU | 2,709 (78.5%) |
| Renter Occupied HU | 479 (13.9%) |
| Vacant Housing Units | 265 ( 7.7%) |
| Median Home Value | $233,616 |
| Average Home Value | $256,336 |
Housing Distribution
Address Breakdown
Residential
3,213
Single Family
3,131
Multi-Family
82
Businesses
137
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