379 N Main StBrittonMI49229
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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 Britton at 379 N Main St, Britton, MI, 49229 with 5% annual appreciation on a $185,000 basis while $1,483/mo rent supports operations. Total monthly income totals $1,483/mo and a $905/mo payment preserves $264/mo for cash returns. Annual cash flow comes to $3,162/yr on $61,328 deployed, and return on cash invested reaches 25.06% in year one. Equity gained on principal adds $1,194/yr, and five-year appreciation sums $51,112 alongside rental yield of 9.62%. Five-year ROI measures 131.06% and total cumulative return in cash totals $80,379.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,483/mo property income versus a $905/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
0.48 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
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