20903 Seneca AveBrownstownMI48183
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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 Brownstown at 20903 Seneca Ave, Brownstown, MI, 48183 uses $92,803 cash to close to unlock $3,709/yr annual cash flow and $309/mo monthly cash flow. Total monthly income runs $2,155/mo, and a $1,370/mo payment keeps the spread at $309/mo. Purchase price stands at $279,950, and rental yield measures 9.24% with $2,155/mo rent. Return on cash invested shows 23.91% in year one, and 5% annual appreciation builds toward $77,345 over five years. Five-year ROI reaches 124.84% and total cumulative return in cash records $115,853. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,155/mo property income covering a $1,370/mo payment rather than investor’s 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
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Listed by: Nikolitsa Grigg • Century 21 Riverpointe
Mls Name: MichRIC
Mls ID: #25044440