245 Millbrook RdBlanchardMI49310
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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 Blanchard at 245 Millbrook Rd, Blanchard, MI, 49310 priced at $130,000 converts $987/mo rent into $130/mo cash flow after a $636/mo obligation. Total monthly income equals $987/mo, and annual cash flow totals $1,560/yr on $43,095 invested. Return on cash invested prints 23.53% in year one, and rental yield reads 9.11% against a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,917 by year five. Five-year ROI reaches 122.78% and total cumulative return in cash sums $52,911. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $987/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 1954
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49310, Blanchard, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,234 (100%) |
| Owner Occupied HU | 1,009 (81.8%) |
| Renter Occupied HU | 112 ( 9.1%) |
| Vacant Housing Units | 113 ( 9.2%) |
| Median Home Value | $195,192 |
| Average Home Value | $230,580 |
Housing Distribution
Address Breakdown
Residential
1,109
Single Family
1,109
Multi-Family
0
Businesses
48
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