Strauss Ct #GS2B5GreenvilleMI48838
Nearby investment properties with comparable rents
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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
Rental property for sale in Greenville at Strauss Ct #GS2B5, Greenville, MI, 48838 priced at $331,900 converts $2,722/mo rent into $534/mo cash flow after a $1,624/mo obligation. Total monthly income equals $2,722/mo, and annual cash flow totals $6,405/yr on $110,025 invested. Return on cash invested prints 25.73% in year one, and rental yield reads 9.84% against a $331,900 entry. Equity gained on principal adds $2,142/yr, while 5% annual appreciation compiles into $91,698 by year five. Five-year ROI reaches 134.59% and total cumulative return in cash sums $148,087. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,722/mo property income covering a $1,624/mo payment, not borrower’s personal income.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48838, Greenville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,395 (100%) |
| Owner Occupied HU | 6,106 (72.7%) |
| Renter Occupied HU | 1,708 (20.3%) |
| Vacant Housing Units | 581 ( 6.9%) |
| Median Home Value | $241,215 |
| Average Home Value | $271,533 |
Housing Distribution
Address Breakdown
Residential
8,154
Single Family
7,800
Multi-Family
354
Businesses
680
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Nearby investment properties with comparable prices
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