7600 Roxborough LnGrand LedgeMI48837
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 7600 Roxborough Ln, Grand Ledge, MI, 48837 in Grand Ledge speaks for itself: 10.94% gross on a $462,900 price, generating $4,222/mo in rent and $1,113/mo in net income after the $2,081/mo debt service. DSCR 2.03, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $13,353 stacks alongside $127,891 in projected five-year appreciation and $4,263/yr in principal reduction. Projected total cumulative return: $248,256.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 8.2% |
| Monthly Cash Flow | $1,113 | $350 |
City averages based on Grand Ledge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,222 |
| Total Monthly Debt Service | $2,925 |
| DSCR Ratio | 1.44x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2018
9,583 sqft lot
$N/A/sqft
$675 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48837, Grand Ledge, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,621 (100%) |
| Owner Occupied HU | 6,536 (75.8%) |
| Renter Occupied HU | 1,671 (19.4%) |
| Vacant Housing Units | 414 ( 4.8%) |
| Median Home Value | $275,513 |
| Average Home Value | $291,297 |
Housing Distribution
Address Breakdown
Residential
8,396
Single Family
7,745
Multi-Family
651
Businesses
503
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
Single Family
Built in 2018
9,583 sqft lot
$N/A/sqft
$675 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48837, Grand Ledge, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,621 (100%) |
| Owner Occupied HU | 6,536 (75.8%) |
| Renter Occupied HU | 1,671 (19.4%) |
| Vacant Housing Units | 414 ( 4.8%) |
| Median Home Value | $275,513 |
| Average Home Value | $291,297 |
Housing Distribution
Address Breakdown
Residential
8,396
Single Family
7,745
Multi-Family
651
Businesses
503
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices