805 Cutler StGrand HavenMI49417
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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 Grand Haven at 805 Cutler St, Grand Haven, MI, 49417 with 5% annual appreciation on a $359,900 basis while $3,004/mo rent supports operations. Total monthly income totals $3,004/mo and a $1,762/mo payment preserves $630/mo for cash returns. Annual cash flow comes to $7,562/yr on $119,307 deployed, and return on cash invested reaches 26.25% in year one. Equity gained on principal adds $2,322/yr, and five-year appreciation sums $99,434 alongside rental yield of 10.02%. Five-year ROI measures 137.4% and total cumulative return in cash totals $163,922.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,004/mo property income versus a $1,762/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49417, Grand Haven, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,444 (100%) |
| Owner Occupied HU | 10,682 (69.2%) |
| Renter Occupied HU | 3,339 (21.6%) |
| Vacant Housing Units | 1,423 ( 9.2%) |
| Median Home Value | $353,641 |
| Average Home Value | $376,432 |
Housing Distribution
Address Breakdown
Residential
14,718
Single Family
13,133
Multi-Family
1,585
Businesses
1,205
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Listed by: Michael A Zambetis • Coldwell Banker Woodland Schmidt
Mls Name: MichRIC
Mls ID: #25036136