63890 Middle Colon RdBurr OakMI49030
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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 Burr Oak at 63890 Middle Colon Rd, Burr Oak, MI, 49030 offers a 3.69% rental yield on a $624,900 purchase with $1,919/mo rent. 21% in year one. Equity gained on principal adds $4,032/yr while 5% annual appreciation supports $172,648 over five years. Portfolio math shows five-year ROI at 35.23% and total cumulative return in cash at $72,425. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,919/mo property income against a $3,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
2.50 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
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