6771 Foxboro CtBrightonMI48116
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 Brighton at 6771 Foxboro Ct, Brighton, MI, 48116 priced at $595,000 converts $3,259/mo rent into after a $2,912/mo obligation. Total monthly income equals $3,259/mo. Return on cash invested prints 15.99% in year one, and rental yield reads 6.57% against a $595,000 entry. Equity gained on principal adds $3,839/yr, while 5% annual appreciation compiles into $164,388 by year five. Five-year ROI reaches 82.32% and total cumulative return in cash sums $161,138. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,259/mo property income covering a $2,912/mo payment, not borrower’s personal income.
Single Family
Built in 1986
1.15 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Darin Ureche • EXP Realty LLC
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20240082868
Disclaimer: IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2024 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. The data relating to real estate properties on this website was last updated as recently as 2024-11-19 09:37:44 PST Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR- Lauren Buttazzoni - (313) 479-2702