1619 Burns RdKimballMI48074
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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 Kimball at 1619 Burns Rd, Kimball, MI, 48074 uses $177,660 cash to close to unlock $660/yr annual cash flow and $55/mo monthly cash flow. Total monthly income runs $3,616/mo, and a $2,643/mo payment keeps the spread at $55/mo. Purchase price stands at $540,000, and rental yield measures 8.04% with $3,616/mo rent. Return on cash invested shows 20.43% in year one, and 5% annual appreciation builds toward $149,192 over five years. Five-year ROI reaches 106.14% and total cumulative return in cash records $188,570. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,616/mo property income covering a $2,643/mo payment rather than investor’s personal income.
Single Family
Built in 1980
15.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48074, Smiths Creek, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,000 (100%) |
| Owner Occupied HU | 3,330 (83.2%) |
| Renter Occupied HU | 461 (11.5%) |
| Vacant Housing Units | 209 ( 5.2%) |
| Median Home Value | $225,147 |
| Average Home Value | $291,718 |
Housing Distribution
Address Breakdown
Residential
3,932
Single Family
3,931
Multi-Family
1
Businesses
197
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