4252 1st StBrown CityMI48416
Nearby investment properties with comparable rents
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 Brown City at 4252 1st St, Brown City, MI, 48416 offers a 9.62% rental yield on a $150,000 purchase with $1,202/mo rent. Total monthly income registers $1,202/mo, and a $734/mo payment leaves $213/mo available for distribution. Annual cash flow reaches $2,556/yr on $49,725 to close, and return on cash invested stands at 25.05% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 130.93% and total cumulative return in cash at $65,106. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,202/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
6,534 sqft 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: Lindsay Lietz • Coldwell Banker Professionals
Mls Name: Realcomp II
Mls ID: #20251060461