1196 Freshfield DrByron CenterMI49315
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1196 Freshfield Dr, Byron Center, MI, 49315 at $337,400 posts ROI 46.56% with $2,484/mo cash flow from $4,709/mo rent. Total monthly income equals $4,709/mo, and annual cash flow records $29,813/yr on $111,848 to close. Return on cash invested measures 46.56% and rental yield reads 16.75% at the current $337,400. Equity gained on principal adds $2,177/yr, and 5% annual appreciation supports $93,217 by year five. Five-year ROI prints 246.33% and total cumulative return in cash totals $275,514.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,709/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
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: Jessica Balder • Eastbrook Homes Inc. - Cooks Crossing
Mls Name: Nexus MLS
Mls Provider:
Mls ID: #N260810000066
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. 2024 Nexus MLS. All rights are reserved.