4069 Main StBrown CityMI48416
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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 Brown City at 4069 Main St, Brown City, MI, 48416 priced at $148,900 converts $1,028/mo rent into $46/mo cash flow after a $729/mo obligation. Total monthly income equals $1,028/mo, and annual cash flow totals $550/yr on $49,360 invested. Return on cash invested prints 21.02% in year one, and rental yield reads 8.28% against a $148,900 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation compiles into $41,138 by year five. Five-year ROI reaches 109.37% and total cumulative return in cash sums $53,985. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,028/mo property income covering a $729/mo payment, not borrower’s personal income.
Single Family
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48416, Brown City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,039 (100%) |
| Owner Occupied HU | 1,571 (77.0%) |
| Renter Occupied HU | 362 (17.8%) |
| Vacant Housing Units | 106 ( 5.2%) |
| Median Home Value | $232,949 |
| Average Home Value | $262,554 |
Housing Distribution
Address Breakdown
Residential
1,839
Single Family
1,800
Multi-Family
39
Businesses
99
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Listed by: Michelle Ford • Real Estate Professionals of Michigan
Mls Name: RMLS Multi-List
Mls ID: #047-24-0003