1136 Freshfield DrByron CenterMI49315
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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 Byron Center at 1136 Freshfield Dr, Byron Center, MI, 49315 uses $117,981 cash to close to unlock $6,036/yr annual cash flow and $503/mo monthly cash flow. Total monthly income runs $2,850/mo, and a $1,742/mo payment keeps the spread at $503/mo. Purchase price stands at $355,900, and rental yield measures 9.61% with $2,850/mo rent. Return on cash invested shows 25.02% in year one, and 5% annual appreciation builds toward $98,329 over five years. Five-year ROI reaches 130.8% and total cumulative return in cash records $154,314. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,850/mo property income covering a $1,742/mo payment rather than investor’s personal income.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49315, Byron Center, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,640 (100%) |
| Owner Occupied HU | 9,012 (84.7%) |
| Renter Occupied HU | 1,223 (11.5%) |
| Vacant Housing Units | 405 ( 3.8%) |
| Median Home Value | $391,039 |
| Average Home Value | $441,361 |
Housing Distribution
Address Breakdown
Residential
10,119
Single Family
9,510
Multi-Family
609
Businesses
824
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Listed by: Eastbrook Homes • Eastbrook Homes Inc. Sales Office
Mls Name: Nexus MLS
Mls Provider:
Mls ID: #N260810000122
Disclaimer: Listing information is provided by the Nexus Multiple Listing Service. Property information is based on available data that may include MLS information, county records, and other sources. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 Nexus MLS. All rights are reserved.