Briarfield Plan, Pinewood EstatesGrass LakeMI49240
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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 Grass Lake at Briarfield Plan, Pinewood Estates, Grass Lake, MI, 49240 uses $112,133 cash to close to unlock $9,828/yr annual cash flow and $819/mo monthly cash flow. Total monthly income runs $3,050/mo, and a $1,656/mo payment keeps the spread at $819/mo. Purchase price stands at $338,260, and rental yield measures 10.82% with $3,050/mo rent. Return on cash invested shows 28.67% in year one, and 5% annual appreciation builds toward $93,455 over five years. Five-year ROI reaches 150.37% and total cumulative return in cash records $168,612. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,050/mo property income covering a $1,656/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49240, Grass Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,858 (100%) |
| Owner Occupied HU | 3,252 (84.3%) |
| Renter Occupied HU | 289 ( 7.5%) |
| Vacant Housing Units | 317 ( 8.2%) |
| Median Home Value | $321,804 |
| Average Home Value | $356,895 |
Housing Distribution
Address Breakdown
Residential
3,700
Single Family
3,700
Multi-Family
0
Businesses
133
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Listed by: N/A • Oak Ridge Homes - Jackson
Mls Name: Oak Ridge Homes
Mls ID: #N/A