150 Washington StBronsonMI49028
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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 Bronson at 150 Washington St, Bronson, MI, 49028 uses $72,897 cash to close to unlock $1,406/yr annual cash flow and $117/mo monthly cash flow. Total monthly income runs $1,567/mo, and a $1,076/mo payment keeps the spread at $117/mo. Purchase price stands at $219,900, and rental yield measures 8.55% with $1,567/mo rent. Return on cash invested shows 21.84% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 113.77% and total cumulative return in cash records $82,936. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,567/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Single Family
Built in 1912
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49028, Bronson, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,799 (100%) |
| Owner Occupied HU | 1,876 (67.0%) |
| Renter Occupied HU | 514 (18.4%) |
| Vacant Housing Units | 409 (14.6%) |
| Median Home Value | $162,304 |
| Average Home Value | $216,818 |
Housing Distribution
Address Breakdown
Residential
2,482
Single Family
2,442
Multi-Family
40
Businesses
118
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