5222 Leckrone RdBrethrenMI49619
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
Rental property for sale in Brethren at 5222 Leckrone Rd, Brethren, MI, 49619 priced at $189,000 pairs $1,807/mo rent with $561/mo cash flow after a $925/mo payment. Total monthly income equals $1,807/mo, and annual cash flow comes to $6,728/yr on $62,654 invested. Return on cash invested is 30.65% in year one, and rental yield stands at 11.47% on a $189,000 basis. Equity gained on principal adds $1,220/yr, and 5% annual appreciation accumulates to $52,217 by year five. Five-year ROI measures 160.98% and total cumulative return in cash reaches $100,858. For financing, Ziffy Mortgage’s DSCR program evaluates $1,807/mo property income against a $925/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
9.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49619, Brethren, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 760 (100%) |
| Owner Occupied HU | 443 (58.3%) |
| Renter Occupied HU | 47 ( 6.2%) |
| Vacant Housing Units | 270 (35.5%) |
| Median Home Value | $171,976 |
| Average Home Value | $212,150 |
Housing Distribution
Address Breakdown
Residential
402
Single Family
402
Multi-Family
0
Businesses
21
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