235 N Douglas StBronsonMI49028
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 Bronson at 235 N Douglas St, Bronson, MI, 49028 priced at $175,000 converts $1,456/mo rent into $302/mo cash flow after a $857/mo obligation. Total monthly income equals $1,456/mo, and annual cash flow totals $3,618/yr on $58,013 invested. Return on cash invested prints 26.15% in year one, and rental yield reads 9.98% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 136.87% and total cumulative return in cash sums $79,399. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,456/mo property income covering a $857/mo payment, not borrower’s personal income.
Single Family
Built in 1927
7,840 sqft 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
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