3470 Fergus RdBurtMI48417
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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 Burt at 3470 Fergus Rd, Burt, MI, 48417 offers a 11.3% rental yield on a $155,000 purchase with $1,460/mo rent. Total monthly income registers $1,460/mo, and a $759/mo payment leaves $438/mo available for distribution. Annual cash flow reaches $5,250/yr on $51,383 to close, and return on cash invested stands at 30.13% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 158.21% and total cumulative return in cash at $81,292. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,460/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48417, Burt, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,173 (100%) |
| Owner Occupied HU | 1,019 (86.9%) |
| Renter Occupied HU | 95 ( 8.1%) |
| Vacant Housing Units | 59 ( 5.0%) |
| Median Home Value | $218,246 |
| Average Home Value | $251,921 |
Housing Distribution
Address Breakdown
Residential
1,048
Single Family
1,020
Multi-Family
28
Businesses
17
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