7219 S Forrest Side RdBrimleyMI49715
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
Investment property for sale in Brimley at 7219 S Forrest Side Rd, Brimley, MI, 49715 at $140,000 posts ROI 80.23% with $2,333/mo cash flow from $3,256/mo rent. Total monthly income equals $3,256/mo, and annual cash flow records $27,996/yr on $46,410 to close. Return on cash invested measures 80.23% and rental yield reads 27.91% at the current $140,000. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 by year five. Five-year ROI prints 426.84% and total cumulative return in cash totals $198,094.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,256/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1968
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49715, Brimley, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,901 (100%) |
| Owner Occupied HU | 1,029 (54.1%) |
| Renter Occupied HU | 203 (10.7%) |
| Vacant Housing Units | 669 (35.2%) |
| Median Home Value | $183,750 |
| Average Home Value | $210,469 |
Housing Distribution
Address Breakdown
Residential
1,205
Single Family
1,197
Multi-Family
8
Businesses
65
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary Jo Weston • Smith & Company Real Estate
Mls Name: EUPBR
Mls Provider:
Mls ID: #24-879
Disclaimer: Copyright Eastern Upper Peninsula Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.