The Grayson Plan, Lincoln PinesGrand HavenMI49417
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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 Grand Haven at The Grayson Plan, Lincoln Pines, Grand Haven, MI, 49417 priced at $447,000 pairs $3,499/mo rent with $551/mo cash flow after a $2,188/mo payment. Total monthly income equals $3,499/mo, and annual cash flow comes to $6,613/yr on $148,181 invested. Return on cash invested is 24.37% in year one, and rental yield stands at 9.39% on a $447,000 basis. Equity gained on principal adds $2,884/yr, and 5% annual appreciation accumulates to $123,498 by year five. Five-year ROI measures 127.32% and total cumulative return in cash reaches $188,664. For financing, Ziffy Mortgage’s DSCR program evaluates $3,499/mo property income against a $2,188/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49417, Grand Haven, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,444 (100%) |
| Owner Occupied HU | 10,682 (69.2%) |
| Renter Occupied HU | 3,339 (21.6%) |
| Vacant Housing Units | 1,423 ( 9.2%) |
| Median Home Value | $353,641 |
| Average Home Value | $376,432 |
Housing Distribution
Address Breakdown
Residential
14,718
Single Family
13,133
Multi-Family
1,585
Businesses
1,205
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Listed by: Matt Morrison • Eastbrook Homes Inc.
Mls Name: Eastbrook Homes
Mls Provider:
Mls ID: #N/A