8085 Cortez DrBrightonMI48114
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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 Brighton at 8085 Cortez Dr, Brighton, MI, 48114 offers $3,425/mo rent that, after a $2,092/mo payment, leaves $490/mo cash flow. Total monthly income is $3,425/mo, and annual cash flow is $5,877/yr on $141,683 cash. Return on cash invested measures 24.06% in year one, and rental yield stands at 9.62% at a $427,400 entry. Equity gained on principal adds $2,758/yr while 5% annual appreciation compounds into $118,083 by year five. Five-year ROI records 125.97% and total cumulative return in cash reaches $178,478. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,425/mo property income versus a $2,092/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
0.28 Acres lot
$N/A/sqft
$8 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48114, Brighton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,454 (100%) |
| Owner Occupied HU | 7,693 (91.0%) |
| Renter Occupied HU | 547 ( 6.5%) |
| Vacant Housing Units | 214 ( 2.5%) |
| Median Home Value | $426,414 |
| Average Home Value | $445,549 |
Housing Distribution
Address Breakdown
Residential
8,334
Single Family
8,246
Multi-Family
88
Businesses
454
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