8039 W Gilford RdFairgroveMI48733
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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 Fairgrove at 8039 W Gilford Rd, Fairgrove, MI, 48733 uses $59,637 cash to close to unlock $3,410/yr annual cash flow and $284/mo monthly cash flow. Total monthly income runs $1,471/mo, and a $881/mo payment keeps the spread at $284/mo. Purchase price stands at $179,900, and rental yield measures 9.81% with $1,471/mo rent. Return on cash invested shows 25.63% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 134.11% and total cumulative return in cash records $79,977. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,471/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1930
1.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48733, Fairgrove, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 794 (100%) |
| Owner Occupied HU | 602 (75.8%) |
| Renter Occupied HU | 93 (11.7%) |
| Vacant Housing Units | 99 (12.5%) |
| Median Home Value | $132,609 |
| Average Home Value | $166,466 |
Housing Distribution
Address Breakdown
Residential
679
Single Family
679
Multi-Family
0
Businesses
22
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Listed by: Terry Murlick • Century 21 Signature - Frankenmuth
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50158676
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