2362 Browntown RdBarodaMI49101
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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 Baroda at 2362 Browntown Rd, Baroda, MI, 49101 generates $4,200/mo in rent, after a $7,831/mo payment. Total monthly income is $4,200/mo. Return on cash invested sits at 5.67% in year one, and rental yield is 3.15% on a $1,600,000 entry. Equity gained on principal adds $10,325/yr, while 5% annual appreciation builds toward $442,051 over five years. Five-year ROI reaches 26.92% and total cumulative return in cash sums $139,551. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,200/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49101, Baroda, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,385 (100%) |
| Owner Occupied HU | 1,090 (78.7%) |
| Renter Occupied HU | 203 (14.7%) |
| Vacant Housing Units | 92 ( 6.6%) |
| Median Home Value | $292,641 |
| Average Home Value | $328,631 |
Housing Distribution
Address Breakdown
Residential
1,332
Single Family
1,308
Multi-Family
24
Businesses
83
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