10044 Emerald DrBrooklynMI49230
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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 Brooklyn at 10044 Emerald Dr, Brooklyn, MI, 49230 uses $143,540 cash to close to unlock $2,915/yr annual cash flow and $243/mo monthly cash flow. Total monthly income runs $3,098/mo, and a $2,119/mo payment keeps the spread at $243/mo. Purchase price stands at $433,000, and rental yield measures 8.59% with $3,098/mo rent. Return on cash invested shows 21.94% in year one, and 5% annual appreciation builds toward $119,630 over five years. Five-year ROI reaches 114.25% and total cumulative return in cash records $164,000. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,098/mo property income covering a $2,119/mo payment rather than investor’s personal income.
Single Family
Built in 1997
2.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49230, Brooklyn, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,239 (100%) |
| Owner Occupied HU | 4,032 (64.6%) |
| Renter Occupied HU | 493 ( 7.9%) |
| Vacant Housing Units | 1,714 (27.5%) |
| Median Home Value | $300,447 |
| Average Home Value | $341,062 |
Housing Distribution
Address Breakdown
Residential
5,485
Single Family
5,392
Multi-Family
93
Businesses
263
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