6908 John StBrown CityMI48416
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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
Investment property for sale in Brown City at 6908 John St, Brown City, MI, 48416 earns $557/mo cash flow from $1,644/mo rent with a $807/mo payment. Total monthly income totals $1,644/mo, and annual cash flow totals $6,680/yr on $54,664 capital. ROI tracks 32.13% on current figures, and rental yield reads 11.96% at a $164,900 purchase. Equity gained on principal adds $1,064/yr, and 5% annual appreciation supports $45,559 over five years. Five-year ROI reaches 168.95% and total cumulative return in cash sums $92,356. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,644/mo property income instead of your personal income.
Single Family
Built in 1940
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48416, Brown City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,039 (100%) |
| Owner Occupied HU | 1,571 (77.0%) |
| Renter Occupied HU | 362 (17.8%) |
| Vacant Housing Units | 106 ( 5.2%) |
| Median Home Value | $232,949 |
| Average Home Value | $262,554 |
Housing Distribution
Address Breakdown
Residential
1,839
Single Family
1,800
Multi-Family
39
Businesses
99
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Listed by: Daniel Parr • Coulter Real Estate
Mls Name: Realcomp II
Mls ID: #20251048257