1335 Connell StBurtonMI48529
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 Burton at 1335 Connell St, Burton, MI, 48529 offers a 12.33% rental yield on a $109,999 purchase with $1,130/mo rent. Total monthly income registers $1,130/mo, and a $538/mo payment leaves $405/mo available for distribution. Annual cash flow reaches $4,860/yr on $36,465 to close, and return on cash invested stands at 33.24% in year one. Equity gained on principal adds $710/yr while 5% annual appreciation supports $30,391 over five years. Portfolio math shows five-year ROI at 174.84% and total cumulative return in cash at $63,755. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,130/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48529, Burton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,484 (100%) |
| Owner Occupied HU | 2,397 (53.5%) |
| Renter Occupied HU | 1,675 (37.4%) |
| Vacant Housing Units | 412 ( 9.2%) |
| Median Home Value | $79,214 |
| Average Home Value | $151,413 |
Housing Distribution
Address Breakdown
Residential
4,120
Single Family
4,116
Multi-Family
4
Businesses
355
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices