303 Brady StOakleyMI48649
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 Oakley at 303 Brady St, Oakley, MI, 48649 offers a 9.42% rental yield on a $234,900 purchase with $1,843/mo rent. Total monthly income registers $1,843/mo, and a $1,150/mo payment leaves $294/mo available for distribution. Annual cash flow reaches $3,524/yr on $77,869 to close, and return on cash invested stands at 24.43% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,899 over five years. Portfolio math shows five-year ROI at 127.66% and total cumulative return in cash at $99,405. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,843/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48649, Oakley, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 812 (100%) |
| Owner Occupied HU | 667 (82.1%) |
| Renter Occupied HU | 109 (13.4%) |
| Vacant Housing Units | 36 ( 4.4%) |
| Median Home Value | $204,529 |
| Average Home Value | $242,279 |
Housing Distribution
Address Breakdown
Residential
620
Single Family
620
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices