1412 North CtBrightonMI48114
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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
Investment property for sale in Brighton at 1412 North Ct, Brighton, MI, 48114 offers a 8.48% rental yield on a $599,900 purchase with $4,240/mo rent. Total monthly income registers $4,240/mo, and a $2,936/mo payment leaves $284/mo available for distribution. Annual cash flow reaches $3,410/yr on $197,367 to close, and return on cash invested stands at 21.79% in year one. Equity gained on principal adds $3,871/yr while 5% annual appreciation supports $165,741 over five years. Portfolio math shows five-year ROI at 113.43% and total cumulative return in cash at $223,876. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,240/mo property income against a $2,936/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48114, Brighton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,454 (100%) |
| Owner Occupied HU | 7,693 (91.0%) |
| Renter Occupied HU | 547 ( 6.5%) |
| Vacant Housing Units | 214 ( 2.5%) |
| Median Home Value | $426,414 |
| Average Home Value | $445,549 |
Housing Distribution
Address Breakdown
Residential
8,334
Single Family
8,246
Multi-Family
88
Businesses
454
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