The Mayfair 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
Investment property for sale in Grand Haven at The Mayfair Plan, Lincoln Pines, Grand Haven, MI, 49417 earns $1,008/mo cash flow from $4,054/mo rent with a $2,261/mo payment. Total monthly income totals $4,054/mo, and annual cash flow totals $12,091/yr on $153,153 capital. ROI tracks 27.8% on current figures, and rental yield reads 10.53% at a $462,000 purchase. Equity gained on principal adds $2,981/yr, and 5% annual appreciation supports $127,642 over five years. Five-year ROI reaches 145.72% and total cumulative return in cash sums $223,169. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,054/mo property income instead of your personal income.
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