4362 Millis RdNorth BranchMI48461
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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 North Branch at 4362 Millis Rd, North Branch, MI, 48461 at $244,900 posts ROI 19.56% with from $1,592/mo rent. Total monthly income equals $1,592/mo. Return on cash invested measures 19.56% and rental yield reads 7.8% at the current $244,900. Equity gained on principal adds $1,580/yr, and 5% annual appreciation supports $67,661 by year five. Five-year ROI prints 101.54% and total cumulative return in cash totals $82,433. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,592/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1956
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48461, North Branch, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,133 (100%) |
| Owner Occupied HU | 2,573 (82.1%) |
| Renter Occupied HU | 374 (11.9%) |
| Vacant Housing Units | 186 ( 5.9%) |
| Median Home Value | $240,656 |
| Average Home Value | $290,291 |
Housing Distribution
Address Breakdown
Residential
3,075
Single Family
2,978
Multi-Family
97
Businesses
130
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Nearby investment properties with comparable prices
Listed by: Carol Quinn • Living The Dream Real Estate Team
Mls Name: RMLS Multi-List
Mls ID: #869-24-0027