7923 Grand StDexterMI48130
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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
Rental property for sale in Dexter at 7923 Grand St, Dexter, MI, 48130 generates $4,612/mo in rent and, after a $3,110/mo payment, leaves $118/mo in cash flow. Total monthly income is $4,612/mo, and annual cash flow is $1,412/yr on $209,080 invested. Return on cash invested sits at 20.74% in year one, and rental yield is 8.71% on a $635,500 entry. Equity gained on principal adds $4,101/yr, while 5% annual appreciation builds toward $175,577 over five years. Five-year ROI reaches 108.4% and total cumulative return in cash sums $226,641. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,612/mo property income rather than buyer’s personal income.
Condo
Built in 2024
N/A lot
$N/A/sqft
$304 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48130, Dexter, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,147 (100%) |
| Owner Occupied HU | 5,316 (86.5%) |
| Renter Occupied HU | 586 ( 9.5%) |
| Vacant Housing Units | 245 ( 4.0%) |
| Median Home Value | $464,823 |
| Average Home Value | $515,768 |
Housing Distribution
Address Breakdown
Residential
6,303
Single Family
6,154
Multi-Family
149
Businesses
541
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