302 Spring Brooke DrBrightonMI48116
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 302 Spring Brooke Dr, Brighton, MI, 48116 in Brighton speaks for itself: 16.75% gross on a $209,900 price, generating $2,930/mo in rent and $1,161/mo in net income after the $944/mo debt service. DSCR 3.10, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $13,935 stacks alongside $57,992 in projected five-year appreciation and $1,933/yr in principal reduction. Projected total cumulative return: $156,382.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16.8% | 6.5% |
| Monthly Cash Flow | $1,161 | $300 |
City averages based on Brighton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,930 |
| Total Monthly Debt Service | $1,686 |
| DSCR Ratio | 1.74x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1991
N/A lot
$N/A/sqft
$385 monthly HOA
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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
Condo
Built in 1991
N/A lot
$N/A/sqft
$385 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices