Preston & Co'S Addition
Solid value in a growing area
Median $197K·Schools 5.0/10
The street grid here runs dead straight, the kind of measured geometry that tells you this was platted with intention and then left mostly alone. An unnamed park sits a five-minute walk away, and three more within a mile—enough green space that you're never far from trees and open ground. The nearest restaurant is steps from your door, which means breakfast doesn't require a car.
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Why people love it here
$197K median
- 1 recent sale
Conventional Mortgage Calculator
Median home price in Preston & Co'S Addition
Estimated Monthly Payment
$1,337/mo
Property tax and insurance are estimates you can edit — not a quote. Tap either figure to enter your own.
The interest rate shown is not an annual percentage rate (APR). Rate displayed is the current average 30-year fixed rate from the Freddie Mac Primary Mortgage Market Survey and is subject to change without notice. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.
Guild Mortgage NMLS #3274. Equal Housing Opportunity. NMLS Consumer Access. Not a commitment to lend. All loans subject to underwriter approval; terms and conditions may apply. Subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction.
Recent Sale Price
$197K
1 recent sale
Expected Rent
$1,125/mo
$975 – $1,250 · wider-area estimate
Based on 2 rated schools nearby
School District: Montabella Community Schools
Crime in Preston & Co'S Addition is reported at the city level, not the neighborhood level. The FBI doesn't publish reliable crime rates for individual neighborhoods, and within any community crime varies street to street. For an accurate, comparable picture, see the jurisdiction-wide figures for Montcalm County.
Montcalm County crime & safety stats →To buy a median-priced Preston & Co'S Addition home (around $197,000) at today's 6.65% 30-year fixed rate with 20% down, you'd need roughly $35k/year in household income to qualify — an estimated monthly payment of $1,327 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $1,327/mo | $35,385 |
| 10% (+PMI) | $1,527/mo | $40,727 |
| 5% (+PMI) | $1,595/mo | $42,523 |
Estimates use a 6.65% 30-year fixed rate (current Freddie Mac average), an aggressive ~45% housing-to-income ratio (roughly what FHA underwriting can allow for a buyer with no other monthly debts — your number depends on your debts and credit), this area's median sale price, plus estimated insurance and PMI below 20% down. Not a commitment to lend, and not an APR — your actual rate and payment will vary.
Flood Risk
None
Not in flood zone
Nearest Park
Unnamed park
0.4 mi
Parks Nearby
15
within 1 mile
Atlas — Grand Rapids Real Estate
Local real estate specialists
Questions about Preston & Co'S Addition? Our team can help with availability, schools, and what it's really like to live here.
Frequently asked about Preston & Co'S Addition
- What do homes cost in Preston & Co'S Addition?
- The median home value in Preston & Co'S Addition is about $197,000. Individual prices vary by street, size, and condition.
- How active is the Preston & Co'S Addition housing market?
- no homes are listed in Preston & Co'S Addition right now, and 1 home sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Preston & Co'S Addition?
- Preston & Co'S Addition is served by Montabella Community Schools. Its highest-rated assigned school is Montabella Elementary (5/10).