3410 Leeomi DrBrittonMI49229
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 3410 Leeomi Dr, Britton, MI, 49229 in Britton at $318,750 earns $2,244/mo in rent and nets $142/mo after the $1,433/mo payment, a 8.45% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $88,065 over five years. Ziffy Mortgage underwrites this on a 1.57 DSCR without U.S. credit history. With $2,936/yr in principal paydown, total projected return reaches $130,637.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.0% |
| Monthly Cash Flow | $142 | $800 |
City averages based on Britton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,244 |
| Total Monthly Debt Service | $1,975 |
| DSCR Ratio | 1.14x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2023
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49229, Britton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,384 (100%) |
| Owner Occupied HU | 1,190 (86.0%) |
| Renter Occupied HU | 145 (10.5%) |
| Vacant Housing Units | 49 ( 3.5%) |
| Median Home Value | $269,600 |
| Average Home Value | $321,557 |
Housing Distribution
Address Breakdown
Residential
1,244
Single Family
1,226
Multi-Family
18
Businesses
22
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
Single Family
Built in 2023
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49229, Britton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,384 (100%) |
| Owner Occupied HU | 1,190 (86.0%) |
| Renter Occupied HU | 145 (10.5%) |
| Vacant Housing Units | 49 ( 3.5%) |
| Median Home Value | $269,600 |
| Average Home Value | $321,557 |
Housing Distribution
Address Breakdown
Residential
1,244
Single Family
1,226
Multi-Family
18
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
