8241 Mount Hope Rd, Grass Lake, MI, 49240 | $1,365/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Grass Lake at 8241 Mount Hope Rd, Grass Lake, MI, 49240 with 5% annual appreciation on a $299,900 basis while $3,343/mo rent supports operations. Total monthly income totals $3,343/mo and a $1,468/mo payment preserves $1,365/mo for cash returns. Annual cash flow comes to $16,382/yr on $99,417 deployed, and return on cash invested reaches 36.39% in year one. Equity gained on principal adds $1,935/yr, and five-year appreciation sums $82,857 alongside rental yield of 13.38%. Five-year ROI measures 191.77% and total cumulative return in cash totals $190,648.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,343/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1997

4.55 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49240, Grass Lake, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,858 (100%)
Owner Occupied HU	3,252 (84.3%)
Renter Occupied HU	289 ( 7.5%)
Vacant Housing Units	317 ( 8.2%)
Median Home Value	$321,804
Average Home Value	$356,895