151 E Corey StBronsonMI49028
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 Bronson at 151 E Corey St, Bronson, MI, 49028 offers $1,379/mo rent that, after a $856/mo payment, leaves $226/mo cash flow. Total monthly income is $1,379/mo, and annual cash flow is $2,708/yr on $57,979 cash. Return on cash invested measures 24.58% in year one, and rental yield stands at 9.46% at a $174,900 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,322 by year five. Five-year ROI records 128.42% and total cumulative return in cash reaches $74,460. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,379/mo property income versus a $856/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
7,405 sqft 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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