3918 Chatham Pl #96BrightonMI48114
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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 Brighton at 3918 Chatham Pl #96, Brighton, MI, 48114 earns from $1,410/mo rent with a $2,561/mo payment. Total monthly income totals $1,410/mo. ROI tracks 5.84% on current figures, and rental yield reads 3.23% at a $523,165 purchase. Equity gained on principal adds $3,376/yr, and 5% annual appreciation supports $144,541 over five years. Five-year ROI reaches 27.87% and total cumulative return in cash sums $47,973. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,410/mo property income instead of your personal income.
Condo
Built in 2026
N/A lot
$N/A/sqft
No 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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