8921 Us Highway 31GrawnMI49637
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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 Grawn at 8921 Us Highway 31, Grawn, MI, 49637 earns from $2,158/mo rent with a $2,080/mo payment. Total monthly income totals $2,158/mo. ROI tracks 14.42% on current figures, and rental yield reads 6.09% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 73.95% and total cumulative return in cash sums $104,189. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,158/mo property income instead of your personal income.
Single Family
Built in 1946
3.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49637, Grawn, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,598 (100%) |
| Owner Occupied HU | 1,169 (73.2%) |
| Renter Occupied HU | 173 (10.8%) |
| Vacant Housing Units | 256 (16.0%) |
| Median Home Value | $270,445 |
| Average Home Value | $332,979 |
Housing Distribution
Address Breakdown
Residential
1,537
Single Family
1,537
Multi-Family
0
Businesses
96
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