2565 W Bricker RdFenwickMI48834
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 Fenwick at 2565 W Bricker Rd, Fenwick, MI, 48834 priced at $715,000 converts $3,107/mo rent into after a $3,500/mo obligation. Total monthly income equals $3,107/mo. Return on cash invested prints 11.85% in year one, and rental yield reads 5.21% against a $715,000 entry. Equity gained on principal adds $4,614/yr, while 5% annual appreciation compiles into $197,541 by year five. Five-year ROI reaches 60.16% and total cumulative return in cash sums $141,513. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,107/mo property income covering a $3,500/mo payment, not borrower’s personal income.
Single Family
Built in 2005
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48834, Fenwick, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,061 (100%) |
| Owner Occupied HU | 844 (79.5%) |
| Renter Occupied HU | 119 (11.2%) |
| Vacant Housing Units | 98 ( 9.2%) |
| Median Home Value | $221,131 |
| Average Home Value | $260,749 |
Housing Distribution
Address Breakdown
Residential
926
Single Family
926
Multi-Family
0
Businesses
9
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
