1729 Thyme DrByron CenterMI49315
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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 Center at 1729 Thyme Dr, Byron Center, MI, 49315 offers a 8.21% rental yield on a $459,000 purchase with $3,139/mo rent. Total monthly income registers $3,139/mo, and a $2,247/mo payment leaves $112/mo available for distribution. Annual cash flow reaches $1,340/yr on $152,159 to close, and return on cash invested stands at 20.79% in year one. Equity gained on principal adds $2,962/yr while 5% annual appreciation supports $126,813 over five years. Portfolio math shows five-year ROI at 108.1% and total cumulative return in cash at $164,483. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,139/mo property income against a $2,247/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49315, Byron Center, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,640 (100%) |
| Owner Occupied HU | 9,012 (84.7%) |
| Renter Occupied HU | 1,223 (11.5%) |
| Vacant Housing Units | 405 ( 3.8%) |
| Median Home Value | $391,039 |
| Average Home Value | $441,361 |
Housing Distribution
Address Breakdown
Residential
10,119
Single Family
9,510
Multi-Family
609
Businesses
824
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Listed by: Trevor Garbow • Eastbrook Realty
Mls Name: MichRIC
Mls ID: #25062123