2395 Johnson RdNorth BranchMI48461
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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 North Branch at 2395 Johnson Rd, North Branch, MI, 48461 generates $2,077/mo in rent, after a $1,786/mo payment. Total monthly income is $2,077/mo. Return on cash invested sits at 16.64% in year one, and rental yield is 6.83% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 85.86% and total cumulative return in cash sums $103,891. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,077/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
2.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48461, North Branch, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,133 (100%) |
| Owner Occupied HU | 2,573 (82.1%) |
| Renter Occupied HU | 374 (11.9%) |
| Vacant Housing Units | 186 ( 5.9%) |
| Median Home Value | $240,656 |
| Average Home Value | $290,291 |
Housing Distribution
Address Breakdown
Residential
3,075
Single Family
2,978
Multi-Family
97
Businesses
130
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Listed by: Whitney Kay Harrison • Epique Realty
Mls Name: MichRIC
Mls ID: #25062703