230 Mowry AveBronsonMI49028
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 Bronson at 230 Mowry Ave, Bronson, MI, 49028 with 5% annual appreciation on a $179,900 basis while $2,693/mo rent supports operations. Total monthly income totals $2,693/mo and a $881/mo payment preserves $1,506/mo for cash returns. Annual cash flow comes to $18,074/yr on $59,637 deployed, and return on cash invested reaches 50.22% in year one. Equity gained on principal adds $1,161/yr, and five-year appreciation sums $49,703 alongside rental yield of 17.96%. Five-year ROI measures 265.97% and total cumulative return in cash totals $158,613.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,693/mo property income versus a $881/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49028, Bronson, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,799 (100%) |
| Owner Occupied HU | 1,876 (67.0%) |
| Renter Occupied HU | 514 (18.4%) |
| Vacant Housing Units | 409 (14.6%) |
| Median Home Value | $162,304 |
| Average Home Value | $216,818 |
Housing Distribution
Address Breakdown
Residential
2,482
Single Family
2,442
Multi-Family
40
Businesses
118
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
