2209 Blackthorn DrBurtonMI48509
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 Burton at 2209 Blackthorn Dr, Burton, MI, 48509 priced at $247,500 pairs $1,869/mo rent with $237/mo cash flow after a $1,211/mo payment. Total monthly income equals $1,869/mo, and annual cash flow comes to $2,847/yr on $82,046 invested. Return on cash invested is 23.38% in year one, and rental yield stands at 9.06% on a $247,500 basis. Equity gained on principal adds $1,597/yr, and 5% annual appreciation accumulates to $68,380 by year five. Five-year ROI measures 122.02% and total cumulative return in cash reaches $100,109. For financing, Ziffy Mortgage’s DSCR program evaluates $1,869/mo property income against a $1,211/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1963
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48509, Burton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,993 (100%) |
| Owner Occupied HU | 3,368 (84.3%) |
| Renter Occupied HU | 485 (12.1%) |
| Vacant Housing Units | 140 ( 3.5%) |
| Median Home Value | $157,778 |
| Average Home Value | $187,962 |
Housing Distribution
Address Breakdown
Residential
4,046
Single Family
4,046
Multi-Family
0
Businesses
370
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