6687 Greenbriar LnTemperanceMI48182
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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 Temperance at 6687 Greenbriar Ln, Temperance, MI, 48182 priced at $284,900 pairs $2,585/mo rent with $462/mo cash flow after a $1,394/mo payment. Total monthly income equals $2,585/mo, and annual cash flow comes to $5,540/yr on $94,444 invested. Return on cash invested is 25.77% in year one, and rental yield stands at 10.89% on a $284,900 basis. Equity gained on principal adds $1,838/yr, and 5% annual appreciation accumulates to $78,713 by year five. Five-year ROI measures 135.95% and total cumulative return in cash reaches $128,399. For financing, Ziffy Mortgage’s DSCR program evaluates $2,585/mo property income against a $1,394/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2002
N/A lot
$N/A/sqft
$245 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48182, Temperance, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,855 (100%) |
| Owner Occupied HU | 8,042 (81.6%) |
| Renter Occupied HU | 1,499 (15.2%) |
| Vacant Housing Units | 314 ( 3.2%) |
| Median Home Value | $269,058 |
| Average Home Value | $288,379 |
Housing Distribution
Address Breakdown
Residential
9,133
Single Family
8,790
Multi-Family
343
Businesses
368
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Listed by: Susan Kujawa • Vandergrift Company - Lambertville
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50146729
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