6975 Gosline RdBrown 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
Rental property for sale in Brown City at 6975 Gosline Rd, Brown City, MI, 48416 generates $1,159/mo in rent and, after a $710/mo payment, leaves $203/mo in cash flow. Total monthly income is $1,159/mo, and annual cash flow is $2,430/yr on $48,068 invested. Return on cash invested sits at 24.96% in year one, and rental yield is 9.59% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 130.56% and total cumulative return in cash sums $62,756. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,159/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
7.98 Acres 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: Kim Hart • Hart Realty
Mls Name: Realcomp II
Mls ID: #20251019290