275 N Brown RdBaileyMI49303
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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 Bailey at 275 N Brown Rd, Bailey, MI, 49303 generates $1,184/mo in rent and, after a $734/mo payment, leaves $195/mo in cash flow. Total monthly income is $1,184/mo, and annual cash flow is $2,342/yr on $49,692 invested. Return on cash invested sits at 24.62% in year one, and rental yield is 9.48% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 128.73% and total cumulative return in cash sums $63,971. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,184/mo property income rather than buyer’s personal income.
Single Family
Built in 1942
5.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49303, Bailey, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 303 (100%) |
| Owner Occupied HU | 273 (90.1%) |
| Renter Occupied HU | 19 ( 6.3%) |
| Vacant Housing Units | 11 ( 3.6%) |
| Median Home Value | $230,793 |
| Average Home Value | $251,447 |
Housing Distribution
Address Breakdown
Residential
393
Single Family
393
Multi-Family
0
Businesses
20
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