206 Burr Oak StMendonMI49072
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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 Mendon at 206 Burr Oak St, Mendon, MI, 49072 offers a 0% rental yield on a $128,900 purchase with $0/mo rent. 97% in year one. Equity gained on principal adds $832/yr while 5% annual appreciation supports $35,613 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $631/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49072, Mendon, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,356 (100%) |
| Owner Occupied HU | 1,064 (78.5%) |
| Renter Occupied HU | 136 (10.0%) |
| Vacant Housing Units | 156 (11.5%) |
| Median Home Value | $215,044 |
| Average Home Value | $237,324 |
Housing Distribution
Address Breakdown
Residential
1,185
Single Family
1,185
Multi-Family
0
Businesses
59
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