127 Briggs StAlleganMI49010
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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 Allegan at 127 Briggs St, Allegan, MI, 49010 priced at $172,400 pairs $1,376/mo rent with $239/mo cash flow after a $844/mo payment. Total monthly income equals $1,376/mo, and annual cash flow comes to $2,867/yr on $57,151 invested. Return on cash invested is 24.93% in year one, and rental yield stands at 9.58% on a $172,400 basis. Equity gained on principal adds $1,112/yr, and 5% annual appreciation accumulates to $47,631 by year five. Five-year ROI measures 130.28% and total cumulative return in cash reaches $74,455. For financing, Ziffy Mortgage’s DSCR program evaluates $1,376/mo property income against a $844/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1933
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49010, Allegan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,995 (100%) |
| Owner Occupied HU | 5,834 (73.0%) |
| Renter Occupied HU | 1,343 (16.8%) |
| Vacant Housing Units | 818 (10.2%) |
| Median Home Value | $253,605 |
| Average Home Value | $286,559 |
Housing Distribution
Address Breakdown
Residential
7,618
Single Family
7,132
Multi-Family
486
Businesses
470
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