1147 Rinn StBurtonMI48509
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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
Rental property for sale in Burton at 1147 Rinn St, Burton, MI, 48509 generates $868/mo in rent and, after a $538/mo payment, leaves $143/mo in cash flow. Total monthly income is $868/mo, and annual cash flow is $1,716/yr on $36,465 invested. Return on cash invested sits at 24.61% in year one, and rental yield is 9.47% on a $109,999 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 128.57% and total cumulative return in cash sums $46,883. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $868/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48509, Burton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,993 (100%) |
| Owner Occupied HU | 3,368 (84.3%) |
| Renter Occupied HU | 485 (12.1%) |
| Vacant Housing Units | 140 ( 3.5%) |
| Median Home Value | $157,778 |
| Average Home Value | $187,962 |
Housing Distribution
Address Breakdown
Residential
4,046
Single Family
4,046
Multi-Family
0
Businesses
370
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