7299 N Eastern AveBrohmanMI49312
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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 Brohman at 7299 N Eastern Ave, Brohman, MI, 49312 generates $1,273/mo in rent, after a $1,272/mo payment. Total monthly income is $1,273/mo. Return on cash invested sits at 13.77% in year one, and rental yield is 5.88% on a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 70.5% and total cumulative return in cash sums $60,742. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,273/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49312, Brohman, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 89 (100%) |
| Owner Occupied HU | 58 (65.2%) |
| Renter Occupied HU | 8 ( 9.0%) |
| Vacant Housing Units | 23 (25.8%) |
| Median Home Value | $183,333 |
| Average Home Value | $213,793 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
5
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