2955 W Burt RdMontroseMI48457
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 Montrose at 2955 W Burt Rd, Montrose, MI, 48457 generates $2,130/mo in rent and, after a $1,419/mo payment, leaves $218/mo in cash flow. Total monthly income is $2,130/mo, and annual cash flow is $2,616/yr on $96,135 invested. Return on cash invested sits at 22.63% in year one, and rental yield is 8.81% on a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 117.96% and total cumulative return in cash sums $113,404. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,130/mo property income rather than buyer’s personal income.
Condo
Built in 1867
3.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48457, Montrose, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,389 (100%) |
| Owner Occupied HU | 2,729 (80.5%) |
| Renter Occupied HU | 509 (15.0%) |
| Vacant Housing Units | 151 ( 4.5%) |
| Median Home Value | $210,069 |
| Average Home Value | $243,153 |
Housing Distribution
Address Breakdown
Residential
3,081
Single Family
2,843
Multi-Family
238
Businesses
116
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices