321 N Norman StBarrytonMI49305
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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 Barryton at 321 N Norman St, Barryton, MI, 49305 at $137,500 posts ROI 29.31% with $357/mo cash flow from $1,264/mo rent. Total monthly income equals $1,264/mo, and annual cash flow records $4,287/yr on $45,581 to close. Return on cash invested measures 29.31% and rental yield reads 11.03% at the current $137,500. Equity gained on principal adds $887/yr, and 5% annual appreciation supports $37,989 by year five. Five-year ROI prints 153.86% and total cumulative return in cash totals $70,133.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,264/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49305, Barryton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,615 (100%) |
| Owner Occupied HU | 898 (55.6%) |
| Renter Occupied HU | 129 ( 8.0%) |
| Vacant Housing Units | 588 (36.4%) |
| Median Home Value | $154,167 |
| Average Home Value | $171,553 |
Housing Distribution
Address Breakdown
Residential
988
Single Family
988
Multi-Family
0
Businesses
49
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