3076 Skidmore RdBrethrenMI49619
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 Brethren at 3076 Skidmore Rd, Brethren, MI, 49619 offers a 8.36% rental yield on a $279,900 purchase with $1,951/mo rent. Total monthly income registers $1,951/mo, and a $1,370/mo payment leaves $105/mo available for distribution. Annual cash flow reaches $1,262/yr on $92,787 to close, and return on cash invested stands at 21.27% in year one. Equity gained on principal adds $1,806/yr while 5% annual appreciation supports $77,331 over five years. Portfolio math shows five-year ROI at 110.71% and total cumulative return in cash at $102,721. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,951/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
23.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49619, Brethren, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 760 (100%) |
| Owner Occupied HU | 443 (58.3%) |
| Renter Occupied HU | 47 ( 6.2%) |
| Vacant Housing Units | 270 (35.5%) |
| Median Home Value | $171,976 |
| Average Home Value | $212,150 |
Housing Distribution
Address Breakdown
Residential
402
Single Family
402
Multi-Family
0
Businesses
21
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