The Preston Plan, Village PlaceGrand LedgeMI48837
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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 Ledge at The Preston Plan, Village Place, Grand Ledge, MI, 48837 with 5% annual appreciation on a $470,000 basis while $3,331/mo rent supports operations. Total monthly income totals $3,331/mo and a $2,300/mo payment preserves $232/mo for cash returns. Annual cash flow comes to $2,784/yr on $155,805 deployed, and return on cash invested reaches 21.7% in year one. Equity gained on principal adds $3,033/yr, and five-year appreciation sums $129,852 alongside rental yield of 8.5%. Five-year ROI measures 112.94% and total cumulative return in cash totals $175,965.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,331/mo property income versus a $2,300/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48837, Grand Ledge, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,621 (100%) |
| Owner Occupied HU | 6,536 (75.8%) |
| Renter Occupied HU | 1,671 (19.4%) |
| Vacant Housing Units | 414 ( 4.8%) |
| Median Home Value | $275,513 |
| Average Home Value | $291,297 |
Housing Distribution
Address Breakdown
Residential
8,396
Single Family
7,745
Multi-Family
651
Businesses
503
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Listed by: N/A • Eastbrook Homes Inc.
Mls Name: Eastbrook Homes
Mls Provider:
Mls ID: #N/A