2137 S Term StBurtonMI48519
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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 Burton at 2137 S Term St, Burton, MI, 48519 offers $1,012/mo rent that, after a $513/mo payment, leaves $321/mo cash flow. Total monthly income is $1,012/mo, and annual cash flow is $3,848/yr on $34,774 cash. Return on cash invested measures 30.97% in year one, and rental yield stands at 11.58% at a $104,900 entry. Equity gained on principal adds $677/yr while 5% annual appreciation compounds into $28,982 by year five. Five-year ROI records 162.72% and total cumulative return in cash reaches $56,586. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,012/mo property income versus a $513/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1937
0.68 Acres lot
$N/A/sqft
No HOA
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Listed by: Paul Raymond • RE/MAX Select
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20240079664
Disclaimer: IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2024 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. The data relating to real estate properties on this website was last updated as recently as 2024-11-19 09:07:39 PST Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR- Lauren Buttazzoni - (313) 479-2702