3427 Leeomi DrBrittonMI49229
INVESTMENT ANALYSIS
Investment Verdict
Solid Income3427 Leeomi Dr, Britton, MI, 49229 in Britton earns a respectable 8.52% gross yield at $369,875, but after the $1,663/mo mortgage the net cash flow is $188/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.58) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $102,190 over five years, making equity the dominant return driver. Total projected return: $153,053.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.0% |
| Monthly Cash Flow | $188 | $800 |
City averages based on Britton market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,627 |
| Total Monthly Debt Service | $2,292 |
| DSCR Ratio | 1.15x |
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 2002
1.16 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 2002
1.16 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