5169 Alexander DrBrittonMI49229
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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 Britton at 5169 Alexander Dr, Britton, MI, 49229 uses $129,244 cash to close to unlock $1,287/yr annual cash flow and $107/mo monthly cash flow. Total monthly income runs $2,678/mo, and a $1,908/mo payment keeps the spread at $107/mo. Purchase price stands at $389,875, and rental yield measures 8.24% with $2,678/mo rent. Return on cash invested shows 20.9% in year one, and 5% annual appreciation builds toward $107,715 over five years. Five-year ROI reaches 108.74% and total cumulative return in cash records $140,537. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,678/mo property income covering a $1,908/mo payment rather than investor’s personal income.
Single Family
Built in 2001
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49229, Britton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,384 (100%) |
| Owner Occupied HU | 1,190 (86.0%) |
| Renter Occupied HU | 145 (10.5%) |
| Vacant Housing Units | 49 ( 3.5%) |
| Median Home Value | $269,600 |
| Average Home Value | $321,557 |
Housing Distribution
Address Breakdown
Residential
1,244
Single Family
1,226
Multi-Family
18
Businesses
22
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