23971 Manistee LnBrownstownMI48134
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow23971 Manistee Ln, Brownstown, MI, 48134 in Brownstown earns its strong cash-flow label: 10.61% yield, $3,316/mo rent, $563/mo net income, DSCR 1.97. The $375,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $103,606 by year five. Combined with $3,454/yr in principal paydown, total projected return reaches $180,344.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.0% |
| Monthly Cash Flow | $563 | $350 |
City averages based on Brownstown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,316 |
| Total Monthly Debt Service | $2,604 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2016
7,840 sqft lot
$N/A/sqft
$280 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48134, Flat Rock, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,608 (100%) |
| Owner Occupied HU | 7,529 (78.4%) |
| Renter Occupied HU | 1,760 (18.3%) |
| Vacant Housing Units | 319 ( 3.3%) |
| Median Home Value | $298,420 |
| Average Home Value | $288,923 |
Housing Distribution
Address Breakdown
Residential
9,569
Single Family
8,937
Multi-Family
632
Businesses
444
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
Single Family
Built in 2016
7,840 sqft lot
$N/A/sqft
$280 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48134, Flat Rock, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,608 (100%) |
| Owner Occupied HU | 7,529 (78.4%) |
| Renter Occupied HU | 1,760 (18.3%) |
| Vacant Housing Units | 319 ( 3.3%) |
| Median Home Value | $298,420 |
| Average Home Value | $288,923 |
Housing Distribution
Address Breakdown
Residential
9,569
Single Family
8,937
Multi-Family
632
Businesses
444
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices