9956 Gruett RdSaint louisMI48880
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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 Saint louis at 9956 Gruett Rd, Saint louis, MI, 48880 earns from $3,032/mo rent with a $2,687/mo payment. Total monthly income totals $3,032/mo. ROI tracks 16.15% on current figures, and rental yield reads 6.63% at a $549,000 purchase. Equity gained on principal adds $3,543/yr, and 5% annual appreciation supports $151,679 over five years. Five-year ROI reaches 83.2% and total cumulative return in cash sums $150,272. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,032/mo property income instead of your personal income.
Single Family
Built in 2009
4.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48880, Saint Louis, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,042 (100%) |
| Owner Occupied HU | 2,138 (70.3%) |
| Renter Occupied HU | 655 (21.5%) |
| Vacant Housing Units | 249 ( 8.2%) |
| Median Home Value | $155,172 |
| Average Home Value | $183,709 |
Housing Distribution
Address Breakdown
Residential
2,909
Single Family
2,809
Multi-Family
100
Businesses
192
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Listed by: Micah Kemler • 43 NORTH REALTY
Mls Name: NGLRMLS
Mls ID: #1936055