12923 Collins RdBrockwayMI48097
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
Rental property for sale in Brockway at 12923 Collins Rd, Brockway, MI, 48097 generates $1,982/mo in rent and, after a $1,468/mo payment, leaves $4/mo in cash flow. Total monthly income is $1,982/mo, and annual cash flow is $50/yr on $99,417 invested. Return on cash invested sits at 19.96% in year one, and rental yield is 7.93% 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 103.66% and total cumulative return in cash sums $103,060. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,982/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
5.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48097, Yale, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,124 (100%) |
| Owner Occupied HU | 1,644 (77.4%) |
| Renter Occupied HU | 326 (15.3%) |
| Vacant Housing Units | 154 ( 7.3%) |
| Median Home Value | $225,103 |
| Average Home Value | $248,183 |
Housing Distribution
Address Breakdown
Residential
2,077
Single Family
1,961
Multi-Family
116
Businesses
127
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices