4784 1st StBarrytonMI49305
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 4784 1st St, Barryton, MI, 49305 in Barryton: $1,555/mo in rent, $500/mo net, 11.66% gross yield, all on a $160,000 acquisition. The 2.16 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $44,205 in value, and $1,474/yr in principal paydown steadily builds equity. Projected total cumulative return: $93,136.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 6.8% |
| Monthly Cash Flow | $500 | $800 |
City averages based on Barryton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,555 |
| Total Monthly Debt Service | $991 |
| DSCR Ratio | 1.57x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1979
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49305, Barryton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,615 (100%) |
| Owner Occupied HU | 898 (55.6%) |
| Renter Occupied HU | 129 ( 8.0%) |
| Vacant Housing Units | 588 (36.4%) |
| Median Home Value | $154,167 |
| Average Home Value | $171,553 |
Housing Distribution
Address Breakdown
Residential
988
Single Family
988
Multi-Family
0
Businesses
49
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
Single Family
Built in 1979
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49305, Barryton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,615 (100%) |
| Owner Occupied HU | 898 (55.6%) |
| Renter Occupied HU | 129 ( 8.0%) |
| Vacant Housing Units | 588 (36.4%) |
| Median Home Value | $154,167 |
| Average Home Value | $171,553 |
Housing Distribution
Address Breakdown
Residential
988
Single Family
988
Multi-Family
0
Businesses
49
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Betsy Kirkby • ERA Greater North Properties
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1932934
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.