9185 Bray RdMillingtonMI48746
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 Millington at 9185 Bray Rd, Millington, MI, 48746 uses $67,958 cash to close to unlock $8,838/yr annual cash flow and $737/mo monthly cash flow. Total monthly income runs $2,088/mo, and a $1,003/mo payment keeps the spread at $737/mo. Purchase price stands at $205,000, and rental yield measures 12.22% with $2,088/mo rent. Return on cash invested shows 32.91% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 173.15% and total cumulative return in cash records $117,666. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,088/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Single Family
Built in 1975
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48746, Millington, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,566 (100%) |
| Owner Occupied HU | 2,989 (83.8%) |
| Renter Occupied HU | 349 ( 9.8%) |
| Vacant Housing Units | 228 ( 6.4%) |
| Median Home Value | $184,236 |
| Average Home Value | $196,747 |
Housing Distribution
Address Breakdown
Residential
3,136
Single Family
3,136
Multi-Family
0
Businesses
124
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Listed by: Christine Baier-Bozynski • Piper Realty Company
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50154393
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