9680 S Thornapple AveGrantMI49327
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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 Grant at 9680 S Thornapple Ave, Grant, MI, 49327 listed at $256,000 pairs $2,142/mo rent with a $1,253/mo payment to leave $454/mo cash flow. Total monthly income runs $2,142/mo, and annual cash flow reaches $5,446/yr on $84,864 cash to close. Return on cash invested measures 26.33% in year one, and rental yield registers 10.04% at a $256,000 basis. Equity gained on principal adds $1,652/yr, and annual property appreciation at 5% supports $70,728 by year five. Five-year ROI tracks 137.79% and total cumulative return in cash totals $116,938. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,142/mo property income relative to a $1,253/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
2 Acres 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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