257 W Chicago BlvdBrittonMI49229
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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
Investment property for sale in Britton at 257 W Chicago Blvd, Britton, MI, 49229 uses $49,692 cash to close to unlock $2,414/yr annual cash flow and $201/mo monthly cash flow. Total monthly income runs $1,190/mo, and a $734/mo payment keeps the spread at $201/mo. Purchase price stands at $149,900, and rental yield measures 9.53% with $1,190/mo rent. Return on cash invested shows 24.77% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 129.53% and total cumulative return in cash records $64,367. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,190/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1925
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49229, Britton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,384 (100%) |
| Owner Occupied HU | 1,190 (86.0%) |
| Renter Occupied HU | 145 (10.5%) |
| Vacant Housing Units | 49 ( 3.5%) |
| Median Home Value | $269,600 |
| Average Home Value | $321,557 |
Housing Distribution
Address Breakdown
Residential
1,244
Single Family
1,226
Multi-Family
18
Businesses
22
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