11701 Glen Mary DrByronMI48418
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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 Byron at 11701 Glen Mary Dr, Byron, MI, 48418 generates $2,339/mo in rent and, after a $1,468/mo payment, leaves $361/mo in cash flow. Total monthly income is $2,339/mo, and annual cash flow is $4,334/yr on $99,417 invested. Return on cash invested sits at 24.27% in year one, and rental yield is 9.36% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 126.79% and total cumulative return in cash sums $126,052. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,339/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48418, Byron, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,736 (100%) |
| Owner Occupied HU | 1,543 (88.9%) |
| Renter Occupied HU | 88 ( 5.1%) |
| Vacant Housing Units | 105 ( 6.0%) |
| Median Home Value | $272,447 |
| Average Home Value | $324,930 |
Housing Distribution
Address Breakdown
Residential
1,632
Single Family
1,632
Multi-Family
0
Businesses
51
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