Maplewood DrFort gratiotMI48059
Nearby investment properties with comparable rents
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 Fort gratiot at Maplewood Dr, Fort gratiot, MI, 48059 uses $45,681 cash to close to unlock $4,341/yr annual cash flow and $362/mo monthly cash flow. Total monthly income runs $1,270/mo, and a $674/mo payment keeps the spread at $362/mo. Purchase price stands at $137,800, and rental yield measures 11.06% with $1,270/mo rent. Return on cash invested shows 29.41% in year one, and 5% annual appreciation builds toward $38,072 over five years. Five-year ROI reaches 154.31% and total cumulative return in cash records $70,492. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,270/mo property income covering a $674/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48059, Fort Gratiot, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,478 (100%) |
| Owner Occupied HU | 5,333 (71.3%) |
| Renter Occupied HU | 1,405 (18.8%) |
| Vacant Housing Units | 740 ( 9.9%) |
| Median Home Value | $262,937 |
| Average Home Value | $323,563 |
Housing Distribution
Address Breakdown
Residential
7,003
Single Family
6,469
Multi-Family
534
Businesses
433
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A