156 E Corey 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 156 E Corey St, Bronson, MI, 49028 with 5% annual appreciation on a $129,000 basis while $1,007/mo rent supports operations. Total monthly income totals $1,007/mo and a $631/mo payment preserves $157/mo for cash returns. Annual cash flow comes to $1,880/yr on $42,764 deployed, and return on cash invested reaches 24.31% in year one. Equity gained on principal adds $832/yr, and five-year appreciation sums $35,640 alongside rental yield of 9.37%. Five-year ROI measures 126.98% and total cumulative return in cash totals $54,301.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,007/mo property income versus a $631/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
0.30 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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