15307 Shiawassee DrByronMI48418
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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 Byron at 15307 Shiawassee Dr, Byron, MI, 48418 earns $512/mo cash flow from $1,633/mo rent with a $832/mo payment. Total monthly income totals $1,633/mo, and annual cash flow totals $6,146/yr on $56,322 capital. ROI tracks 30.82% on current figures, and rental yield reads 11.53% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 161.97% and total cumulative return in cash sums $91,226. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,633/mo property income instead of your personal income.
Single Family
Built in 1965
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48418, Byron, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,736 (100%) |
| Owner Occupied HU | 1,543 (88.9%) |
| Renter Occupied HU | 88 ( 5.1%) |
| Vacant Housing Units | 105 ( 6.0%) |
| Median Home Value | $272,447 |
| Average Home Value | $324,930 |
Housing Distribution
Address Breakdown
Residential
1,632
Single Family
1,632
Multi-Family
0
Businesses
51
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