299 Glenbrook Dr NERockfordMI49341
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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 Rockford at 299 Glenbrook Dr NE, Rockford, MI, 49341 with 5% annual appreciation on a $552,061 basis while $4,619/mo rent supports operations. Total monthly income totals $4,619/mo and a $2,702/mo payment preserves $978/mo for cash returns. Annual cash flow comes to $11,742/yr on $181,628 deployed, and return on cash invested reaches 26.53% in year one. Equity gained on principal adds $3,562/yr, and five-year appreciation sums $152,524 alongside rental yield of 10.04%. Five-year ROI measures 138.83% and total cumulative return in cash totals $252,153.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,619/mo property income versus a $2,702/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49341, Rockford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,703 (100%) |
| Owner Occupied HU | 12,739 (86.6%) |
| Renter Occupied HU | 1,463 ( 10.0%) |
| Vacant Housing Units | 501 ( 3.4%) |
| Median Home Value | $404,412 |
| Average Home Value | $443,576 |
Housing Distribution
Address Breakdown
Residential
15,042
Single Family
14,501
Multi-Family
541
Businesses
771
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