65 Brown RdBaileyMI49303
Nearby investment properties with comparable rents
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
Rental property for sale in Bailey at 65 Brown Rd, Bailey, MI, 49303 offers $2,580/mo rent that, after a $1,957/mo payment. Total monthly income is $2,580/mo. Return on cash invested measures 19.39% in year one, and rental yield stands at 7.74% at a $399,900 entry. Equity gained on principal adds $2,580/yr while 5% annual appreciation compounds into $110,485 by year five. Five-year ROI records 100.64% and total cumulative return in cash reaches $133,412. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,580/mo property income versus a $1,957/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
8.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49303, Bailey, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 303 (100%) |
| Owner Occupied HU | 273 (90.1%) |
| Renter Occupied HU | 19 ( 6.3%) |
| Vacant Housing Units | 11 ( 3.6%) |
| Median Home Value | $230,793 |
| Average Home Value | $251,447 |
Housing Distribution
Address Breakdown
Residential
393
Single Family
393
Multi-Family
0
Businesses
20
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