11494 Hewitt RdBrooklynMI49230
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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 11494 Hewitt Rd, Brooklyn, MI, 49230 uses $86,157 cash to close to unlock $672/yr annual cash flow and $56/mo monthly cash flow. Total monthly income runs $1,808/mo, and a $1,272/mo payment keeps the spread at $56/mo. Purchase price stands at $259,900, and rental yield measures 8.35% with $1,808/mo rent. Return on cash invested shows 20.69% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 107.75% and total cumulative return in cash records $92,830. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,808/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Single Family
Built in 1973
10,018 sqft lot
$N/A/sqft
$458 annually 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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