795 S Brown TrlIndian RiverMI49749
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 Indian River at 795 S Brown Trl, Indian River, MI, 49749 at $160,000 posts ROI 44.95% with $1,107/mo cash flow from $2,162/mo rent. Total monthly income equals $2,162/mo, and annual cash flow records $13,284/yr on $53,040 to close. Return on cash invested measures 44.95% and rental yield reads 16.21% at the current $160,000. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 by year five. Five-year ROI prints 237.67% and total cumulative return in cash totals $126,062.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,162/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49749, Indian River, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,503 (100%) |
| Owner Occupied HU | 1,674 (47.8%) |
| Renter Occupied HU | 288 ( 8.2%) |
| Vacant Housing Units | 1,541 (44.0%) |
| Median Home Value | $245,946 |
| Average Home Value | $327,195 |
Housing Distribution
Address Breakdown
Residential
2,051
Single Family
2,051
Multi-Family
0
Businesses
215
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah Jones • Key Realty One
Mls Name: Northern Michigan MLS
Mls Provider:
Mls ID: #474276
Disclaimer: Copyright Northern Michigan MLS (NM-MLSX). All rights reserved. Information is deemed reliable but not guaranteed.