6989 W Millbrook RdRemusMI49340
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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 Remus at 6989 W Millbrook Rd, Remus, MI, 49340 listed at $285,000 pairs $1,680/mo rent with a $1,395/mo payment. Total monthly income runs $1,680/mo. Return on cash invested measures 17.38% in year one, and rental yield registers 7.07% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 89.82% and total cumulative return in cash totals $84,858. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,680/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49340, Remus, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,331 (100%) |
| Owner Occupied HU | 1,047 (78.7%) |
| Renter Occupied HU | 160 (12.0%) |
| Vacant Housing Units | 124 ( 9.3%) |
| Median Home Value | $196,680 |
| Average Home Value | $219,105 |
Housing Distribution
Address Breakdown
Residential
1,209
Single Family
1,160
Multi-Family
49
Businesses
64
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