9528 57th StGrand JunctionMI49056
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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 Grand Junction at 9528 57th St, Grand Junction, MI, 49056 uses $53,007 cash to close to unlock $861/yr annual cash flow and $72/mo monthly cash flow. Total monthly income runs $1,214/mo, and a $783/mo payment keeps the spread at $72/mo. Purchase price stands at $159,900, and rental yield measures 9.11% with $1,214/mo rent. Return on cash invested shows 21.53% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 112.8% and total cumulative return in cash records $59,790. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,214/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1900
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49056, Grand Junction, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,347 (100%) |
| Owner Occupied HU | 1,372 (58.5%) |
| Renter Occupied HU | 239 (10.2%) |
| Vacant Housing Units | 736 (31.4%) |
| Median Home Value | $200,592 |
| Average Home Value | $233,628 |
Housing Distribution
Address Breakdown
Residential
1,759
Single Family
1,759
Multi-Family
0
Businesses
37
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Listed by: Ronald Seiler • Coldwell Banker Woodland Schmidt
Mls Name: MichRIC
Mls Provider:
Mls ID: #25041178
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.