3016 W Burt Lake RdBrutusMI49716
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
Investment property for sale in Brutus at 3016 W Burt Lake Rd, Brutus, MI, 49716 projects strong ROI of 3.12%. Rental yield 2.33%. With 5% annual appreciation, the property builds $607,543 in value over five years. Equity growth combined delivers a projected five-year ROI of 13.28%, translating into $94,597 in total cumulative return on $712,476 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in N/A
1.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49716, Brutus, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 637 (100%) |
| Owner Occupied HU | 295 (46.3%) |
| Renter Occupied HU | 55 ( 8.6%) |
| Vacant Housing Units | 287 (45.1%) |
| Median Home Value | $264,535 |
| Average Home Value | $352,263 |
Housing Distribution
Address Breakdown
Residential
436
Single Family
436
Multi-Family
0
Businesses
17
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Nearby investment properties with comparable prices
Listed by: Charity Fuhrman • Berkshire Hathaway HomeServices Michigan Real Estate - HS
Mls Name: Northern Michigan MLS
Mls Provider:
Mls ID: #476625
Disclaimer: Copyright Northern Michigan MLS (NM-MLSX). All rights reserved. Information is deemed reliable but not guaranteed.