313 N Matteson StBronsonMI49028
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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 Bronson at 313 N Matteson St, Bronson, MI, 49028 uses $121,329 cash to close to unlock $9,706/yr annual cash flow and $809/mo monthly cash flow. Total monthly income runs $3,222/mo, and a $1,791/mo payment keeps the spread at $809/mo. Purchase price stands at $366,000, and rental yield measures 10.56% with $3,222/mo rent. Return on cash invested shows 27.91% in year one, and 5% annual appreciation builds toward $101,119 over five years. Five-year ROI reaches 146.26% and total cumulative return in cash records $177,453. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,222/mo property income covering a $1,791/mo payment rather than investor’s personal income.
Single Family
Built in 2021
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49028, Bronson, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,799 (100%) |
| Owner Occupied HU | 1,876 (67.0%) |
| Renter Occupied HU | 514 (18.4%) |
| Vacant Housing Units | 409 (14.6%) |
| Median Home Value | $162,304 |
| Average Home Value | $216,818 |
Housing Distribution
Address Breakdown
Residential
2,482
Single Family
2,442
Multi-Family
40
Businesses
118
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