134 College AveBrittonMI49229
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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 Britton at 134 College Ave, Britton, MI, 49229 generates $1,656/mo in rent and, after a $886/mo payment, leaves $462/mo in cash flow. Total monthly income is $1,656/mo, and annual cash flow is $5,548/yr on $60,002 invested. Return on cash invested sits at 29.15% in year one, and rental yield is 10.98% on a $181,000 entry. Equity gained on principal adds $1,168/yr, while 5% annual appreciation builds toward $50,007 over five years. Five-year ROI reaches 153.01% and total cumulative return in cash sums $91,807. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,656/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49229, Britton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,384 (100%) |
| Owner Occupied HU | 1,190 (86.0%) |
| Renter Occupied HU | 145 (10.5%) |
| Vacant Housing Units | 49 ( 3.5%) |
| Median Home Value | $269,600 |
| Average Home Value | $321,557 |
Housing Distribution
Address Breakdown
Residential
1,244
Single Family
1,226
Multi-Family
18
Businesses
22
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