509 W Burr Oak StCentrevilleMI49032








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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 Centreville at 509 W Burr Oak St, Centreville, MI, 49032 listed at $200,000 pairs $1,990/mo rent with a $979/mo payment to leave $671/mo cash flow. Total monthly income runs $1,990/mo, and annual cash flow reaches $8,052/yr on $66,300 cash to close. Return on cash invested measures 32.05% in year one, and rental yield registers 11.94% at a $200,000 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Five-year ROI tracks 168.5% and total cumulative return in cash totals $111,716. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,990/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49032, Centreville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,116 (100%) |
| Owner Occupied HU | 846 (75.8%) |
| Renter Occupied HU | 191 (17.1%) |
| Vacant Housing Units | 79 ( 7.1%) |
| Median Home Value | $215,546 |
| Average Home Value | $239,232 |
Housing Distribution
Address Breakdown
Residential
948
Single Family
896
Multi-Family
52
Businesses
124
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Nearby investment properties with comparable prices



Listed by: Traci Starn Elevate Team • Michigan Top Producers
Mls Name: MichRIC
Mls Provider:
Mls ID: #25022469
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.








