6179 Falkenbury RdNorth BranchMI48461
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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
Investment property for sale in North Branch at 6179 Falkenbury Rd, North Branch, MI, 48461 offers a 9.15% rental yield on a $169,000 purchase with $1,289/mo rent. Total monthly income registers $1,289/mo, and a $827/mo payment leaves $175/mo available for distribution. Annual cash flow reaches $2,096/yr on $56,024 to close, and return on cash invested stands at 23.65% in year one. Equity gained on principal adds $1,091/yr while 5% annual appreciation supports $46,692 over five years. Portfolio math shows five-year ROI at 123.45% and total cumulative return in cash at $69,163. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,289/mo property income against a $827/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
3.03 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: Margaret Paige • Epique Realty
Mls Name: MichRIC
Mls ID: #25062025