928 Gregg StNashvilleMI49073
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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 Nashville at 928 Gregg St, Nashville, MI, 49073 with 5% annual appreciation on a $149,900 basis while $1,180/mo rent supports operations. Total monthly income totals $1,180/mo and a $734/mo payment preserves $191/mo for cash returns. Annual cash flow comes to $2,294/yr on $49,692 deployed, and return on cash invested reaches 24.53% in year one. Equity gained on principal adds $967/yr, and five-year appreciation sums $41,415 alongside rental yield of 9.45%. Five-year ROI measures 128.2% and total cumulative return in cash totals $63,707.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,180/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1987
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49073, Nashville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,259 (100%) |
| Owner Occupied HU | 1,670 (73.9%) |
| Renter Occupied HU | 406 (18.0%) |
| Vacant Housing Units | 183 ( 8.1%) |
| Median Home Value | $197,849 |
| Average Home Value | $243,499 |
Housing Distribution
Address Breakdown
Residential
1,898
Single Family
1,841
Multi-Family
57
Businesses
61
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