7960 Beard RdByronMI48418
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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 Byron at 7960 Beard Rd, Byron, MI, 48418 uses $79,560 cash to close to unlock $3,276/yr annual cash flow and $273/mo monthly cash flow. Total monthly income runs $1,856/mo, and a $1,175/mo payment keeps the spread at $273/mo. Purchase price stands at $240,000, and rental yield measures 9.28% with $1,856/mo rent. Return on cash invested shows 24.03% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 125.45% and total cumulative return in cash records $99,806. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,856/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Single Family
Built in 1971
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48418, Byron, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,736 (100%) |
| Owner Occupied HU | 1,543 (88.9%) |
| Renter Occupied HU | 88 ( 5.1%) |
| Vacant Housing Units | 105 ( 6.0%) |
| Median Home Value | $272,447 |
| Average Home Value | $324,930 |
Housing Distribution
Address Breakdown
Residential
1,632
Single Family
1,632
Multi-Family
0
Businesses
51
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