604 W Front StBurr OakMI49030
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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 Burr Oak at 604 W Front St, Burr Oak, MI, 49030 priced at $179,000 pairs $0/mo rent with after a $876/mo payment. Total monthly income equals $0/mo. Return on cash invested is -3.96% in year one, and rental yield stands at 0% on a $179,000 basis. Equity gained on principal adds $1,155/yr, and 5% annual appreciation accumulates to $49,454 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $876/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1935
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49030, Burr Oak, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,104 (100%) |
| Owner Occupied HU | 789 (71.5%) |
| Renter Occupied HU | 151 (13.7%) |
| Vacant Housing Units | 164 (14.9%) |
| Median Home Value | $166,506 |
| Average Home Value | $230,393 |
Housing Distribution
Address Breakdown
Residential
906
Single Family
906
Multi-Family
0
Businesses
36
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices