3030 Newell StBurnipsMI49314
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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 Burnips at 3030 Newell St, Burnips, MI, 49314 uses $105,749 cash to close to unlock $560/yr annual cash flow and $47/mo monthly cash flow. Total monthly income runs $2,150/mo, and a $1,561/mo payment keeps the spread at $47/mo. Purchase price stands at $319,000, and rental yield measures 8.09% with $2,150/mo rent. Return on cash invested shows 20.44% in year one, and 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 106.22% and total cumulative return in cash records $112,321. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,150/mo property income covering a $1,561/mo payment rather than investor’s personal income.
Single Family
Built in 1986
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49314, Burnips, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
41
Single Family
1
Multi-Family
0
Businesses
13
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