91 Grand Village Ct SW #34GrandvilleMI49418
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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 Grandville at 91 Grand Village Ct SW #34, Grandville, MI, 49418 earns $0/mo cash flow from $1,780/mo rent with a $1,321/mo payment. Total monthly income totals $1,780/mo, and annual cash flow totals $2/yr on $89,472 capital. ROI tracks 19.91% on current figures, and rental yield reads 7.91% at a $269,900 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,568 over five years. Five-year ROI reaches 103.44% and total cumulative return in cash sums $92,550. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,780/mo property income instead of your personal income.
Condo
Built in 1988
8.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49418, Grandville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,599 (100%) |
| Owner Occupied HU | 9,108 (67.0%) |
| Renter Occupied HU | 3,710 (27.3%) |
| Vacant Housing Units | 781 ( 5.7%) |
| Median Home Value | $339,505 |
| Average Home Value | $383,744 |
Housing Distribution
Address Breakdown
Residential
13,158
Single Family
12,047
Multi-Family
1,111
Businesses
1,101
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Listed by: Theresa Schlosser • Real Broker LLC
Mls Name: MichRIC
Mls ID: #26002101