96 S Harold StGrantMI49327
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Nearby investment properties with comparable prices
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 Grant at 96 S Harold St, Grant, MI, 49327 offers a 8.99% rental yield on a $216,900 purchase with $1,625/mo rent. Total monthly income registers $1,625/mo, and a $1,062/mo payment leaves $194/mo available for distribution. Annual cash flow reaches $2,331/yr on $71,902 to close, and return on cash invested stands at 23.15% in year one. Equity gained on principal adds $1,400/yr while 5% annual appreciation supports $59,925 over five years. Portfolio math shows five-year ROI at 120.83% and total cumulative return in cash at $86,878. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,625/mo property income against a $1,062/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49327, Grant, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,453 (100%) |
| Owner Occupied HU | 2,709 (78.5%) |
| Renter Occupied HU | 479 (13.9%) |
| Vacant Housing Units | 265 ( 7.7%) |
| Median Home Value | $233,616 |
| Average Home Value | $256,336 |
Housing Distribution
Address Breakdown
Residential
3,213
Single Family
3,131
Multi-Family
82
Businesses
137
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