35381 Dern DrBrownstownMI48173
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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 Brownstown at 35381 Dern Dr, Brownstown, MI, 48173 offers a 10.7% rental yield on a $198,000 purchase with $1,765/mo rent. Total monthly income registers $1,765/mo, and a $969/mo payment leaves $459/mo available for distribution. Annual cash flow reaches $5,513/yr on $65,637 to close, and return on cash invested stands at 28.31% in year one. Equity gained on principal adds $1,278/yr while 5% annual appreciation supports $54,704 over five years. Portfolio math shows five-year ROI at 148.46% and total cumulative return in cash at $97,444. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,765/mo property income against a $969/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48173, Rockwood, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,371 (100%) |
| Owner Occupied HU | 4,247 (79.1%) |
| Renter Occupied HU | 901 (16.8%) |
| Vacant Housing Units | 223 ( 4.2%) |
| Median Home Value | $299,316 |
| Average Home Value | $308,591 |
Housing Distribution
Address Breakdown
Residential
5,409
Single Family
5,025
Multi-Family
384
Businesses
201
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Listed by: Jonathan Farida • Community Choice Realty Inc
Mls Name: Realcomp II
Mls ID: #20251051927