5235 Summers 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
Rental property for sale in North Branch at 5235 Summers Rd, North Branch, MI, 48461 generates $1,234/mo in rent and, after a $876/mo payment, leaves $54/mo in cash flow. Total monthly income is $1,234/mo, and annual cash flow is $644/yr on $59,339 invested. Return on cash invested sits at 20.99% in year one, and rental yield is 8.27% on a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 109.21% and total cumulative return in cash sums $64,803. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,234/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
1 Acres 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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Listed by: Rachel Felosak • RE/MAX Eclipse
Mls Name: MiRealSource
Mls ID: #50189141