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1407 Franklin Ave, Grand Haven, MI 49417 — $135,000 · 3bd · ~1.5% rule | OnePercent

1407 Franklin Ave, Grand Haven, MI 49417

$135,000

Home·Grand Haven 49417·1407 Franklin Ave, Grand Haven, MI 49417

Last confirmed 6 days ago

1407 Franklin Ave, Grand Haven, MI 49417

3 bd · 1 ba · 1,001 sqft · built 1900 · Grand Haven · SINGLE_FAMILY·source listing ↗

$135,000

rent, three ways

OnePercent model (vv1)$2,027/mo

p10–p90 confidence band

HUD Fair Market Rent · 49417 · 3BR$1,840/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Ottawa

Flood risk indexRelatively Low FEMA NRI

Median household income$83,405

Median area rent$1,111/mo

Median home value$316,300

the verdict

1.50%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$135,000

1.50% · rent $2,027

Intrinsic value · income approach

$329,461

59% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.