19 Point DrBrooklynMI49230
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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
Rental property for sale in Brooklyn at 19 Point Dr, Brooklyn, MI, 49230 priced at $579,900 pairs $2,525/mo rent with after a $2,838/mo payment. Total monthly income equals $2,525/mo. Return on cash invested is 11.89% in year one, and rental yield stands at 5.23% on a $579,900 basis. Equity gained on principal adds $3,742/yr, and 5% annual appreciation accumulates to $160,216 by year five. Five-year ROI measures 60.36% and total cumulative return in cash reaches $115,165. For financing, Ziffy Mortgage’s DSCR program evaluates $2,525/mo property income against a $2,838/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49230, Brooklyn, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,239 (100%) |
| Owner Occupied HU | 4,032 (64.6%) |
| Renter Occupied HU | 493 ( 7.9%) |
| Vacant Housing Units | 1,714 (27.5%) |
| Median Home Value | $300,447 |
| Average Home Value | $341,062 |
Housing Distribution
Address Breakdown
Residential
5,485
Single Family
5,392
Multi-Family
93
Businesses
263
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