9465 Wabasis Pointe Dr NEGreenvilleMI48838
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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 Greenville at 9465 Wabasis Pointe Dr NE, Greenville, MI, 48838 offers a 6.36% rental yield on a $819,900 purchase with $4,343/mo rent. 33% in year one. Equity gained on principal adds $5,291/yr while 5% annual appreciation supports $226,523 over five years. Portfolio math shows five-year ROI at 78.79% and total cumulative return in cash at $212,523. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,343/mo property income against a $4,013/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48838, Greenville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,395 (100%) |
| Owner Occupied HU | 6,106 (72.7%) |
| Renter Occupied HU | 1,708 (20.3%) |
| Vacant Housing Units | 581 ( 6.9%) |
| Median Home Value | $241,215 |
| Average Home Value | $271,533 |
Housing Distribution
Address Breakdown
Residential
8,154
Single Family
7,800
Multi-Family
354
Businesses
680
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Listed by: Joseph B Kilner • Kilner Group Realty
Mls Name: MichRIC
Mls ID: #25056158