1974 Brown RdSaint HelenMI48656
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Saint Helen at 1974 Brown Rd, Saint Helen, MI, 48656 priced at $179,900 converts $2,075/mo rent into $888/mo cash flow after a $881/mo obligation. Total monthly income equals $2,075/mo, and annual cash flow totals $10,658/yr on $59,637 invested. Return on cash invested prints 37.78% in year one, and rental yield reads 13.84% against a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation compiles into $49,703 by year five. Five-year ROI reaches 199.3% and total cumulative return in cash sums $118,857. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,075/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in N/A
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48656, Saint Helen, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,748 (100%) |
| Owner Occupied HU | 1,657 (44.2%) |
| Renter Occupied HU | 312 ( 8.3%) |
| Vacant Housing Units | 1,779 (47.5%) |
| Median Home Value | $123,157 |
| Average Home Value | $172,382 |
Housing Distribution
Address Breakdown
Residential
2,300
Single Family
2,293
Multi-Family
7
Businesses
91
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Nearby investment properties with comparable prices
Listed by: Diane Babcock • RE/MAX of Higgins Lake
Mls Name: WWMLS
Mls Provider:
Mls ID: #201831208
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