20331 Bourassa AveBrownstownMI48183
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
Investment property for sale in Brownstown at 20331 Bourassa Ave, Brownstown, MI, 48183 earns $591/mo cash flow from $2,503/mo rent with a $1,419/mo payment. Total monthly income totals $2,503/mo, and annual cash flow totals $7,092/yr on $96,135 capital. ROI tracks 27.29% on current figures, and rental yield reads 10.36% at a $290,000 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 over five years. Five-year ROI reaches 142.92% and total cumulative return in cash sums $137,392. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,503/mo property income instead of your personal income.
Single Family
Built in 1970
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48183, Trenton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,677 (100%) |
| Owner Occupied HU | 13,910 (74.5%) |
| Renter Occupied HU | 4,172 (22.3%) |
| Vacant Housing Units | 595 ( 3.2%) |
| Median Home Value | $228,663 |
| Average Home Value | $252,497 |
Housing Distribution
Address Breakdown
Residential
18,671
Single Family
15,983
Multi-Family
2,688
Businesses
1,012
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pamela Swiercz • Berkshire Hathaway HomeServices Kee Realty Brown
Mls Name: MiRealSource
Mls ID: #50179312