1227 Howe RdBurtonMI48509
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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 Burton at 1227 Howe Rd, Burton, MI, 48509 earns $515/mo cash flow from $1,896/mo rent with a $1,025/mo payment. Total monthly income totals $1,896/mo, and annual cash flow totals $6,178/yr on $69,449 capital. ROI tracks 28.8% on current figures, and rental yield reads 10.86% at a $209,500 purchase. Equity gained on principal adds $1,352/yr, and 5% annual appreciation supports $57,881 over five years. Five-year ROI reaches 151.07% and total cumulative return in cash sums $104,919. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,896/mo property income instead of your personal income.
Single Family
Built in 1956
0.91 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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Listed by: Sue Novara-Reber • Piper Realty Company
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50176032
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