5516 Hoover RdBarrytonMI49305
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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 Barryton at 5516 Hoover Rd, Barryton, MI, 49305 earns $396/mo cash flow from $1,088/mo rent with a $514/mo payment. Total monthly income totals $1,088/mo, and annual cash flow totals $4,746/yr on $34,808 capital. ROI tracks 33.54% on current figures, and rental yield reads 12.43% at a $105,000 purchase. Equity gained on principal adds $678/yr, and 5% annual appreciation supports $29,010 over five years. Five-year ROI reaches 176.55% and total cumulative return in cash sums $61,454. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,088/mo property income instead of your personal income.
Single Family
Built in 1965
2.50 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
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