7978 County Farm RdGreenvilleMI48838
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
Investment property for sale in Greenville at 7978 County Farm Rd, Greenville, MI, 48838 at $209,000 posts ROI 40.2% with $1,172/mo cash flow from $2,550/mo rent. Total monthly income equals $2,550/mo, and annual cash flow records $14,060/yr on $69,284 to close. Return on cash invested measures 40.2% and rental yield reads 14.64% at the current $209,000. Equity gained on principal adds $1,349/yr, and 5% annual appreciation supports $57,743 by year five. Five-year ROI prints 212.21% and total cumulative return in cash totals $147,026.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,550/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
2.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48838, Greenville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,395 (100%) |
| Owner Occupied HU | 6,106 (72.7%) |
| Renter Occupied HU | 1,708 (20.3%) |
| Vacant Housing Units | 581 ( 6.9%) |
| Median Home Value | $241,215 |
| Average Home Value | $271,533 |
Housing Distribution
Address Breakdown
Residential
8,154
Single Family
7,800
Multi-Family
354
Businesses
680
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John G Christensen • Advance Real Estate Brokers
Mls Name: MichRIC
Mls Provider:
Mls ID: #24047214
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.