3736 Chatham PlBrightonMI48114
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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
Rental property for sale in Brighton at 3736 Chatham Pl, Brighton, MI, 48114 generates $4,834/mo in rent and, after a $2,720/mo payment, leaves $874/mo in cash flow. Total monthly income is $4,834/mo, and annual cash flow is $10,492/yr on $182,812 invested. Return on cash invested sits at 25.8% in year one, and rental yield is 10.44% on a $555,660 entry. Equity gained on principal adds $3,586/yr, while 5% annual appreciation builds toward $153,519 over five years. Five-year ROI reaches 135.65% and total cumulative return in cash sums $247,979. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,834/mo property income rather than buyer’s personal income.
Condo
Built in 2025
N/A lot
$N/A/sqft
$295 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48114, Brighton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,454 (100%) |
| Owner Occupied HU | 7,693 (91.0%) |
| Renter Occupied HU | 547 ( 6.5%) |
| Vacant Housing Units | 214 ( 2.5%) |
| Median Home Value | $426,414 |
| Average Home Value | $445,549 |
Housing Distribution
Address Breakdown
Residential
8,334
Single Family
8,246
Multi-Family
88
Businesses
454
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