293 N 2nd St #102, Brighton, MI, 48116 | $429/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Brighton at 293 N 2nd St #102, Brighton, MI, 48116 uses $95,804 cash to close to unlock $5,144/yr annual cash flow and $429/mo monthly cash flow. Total monthly income runs $2,575/mo, and a $1,415/mo payment keeps the spread at $429/mo. Purchase price stands at $289,000, and rental yield measures 10.69% with $2,575/mo rent. Return on cash invested shows 25.28% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 133.26% and total cumulative return in cash records $127,670. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,575/mo property income covering a $1,415/mo payment rather than investor’s personal income.

Condo

Built in 2018

435.60 sqft lot

$N/A/sqft

$240 monthly HOA