PARCEL Brighton Rd #BHowellMI48843
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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 Howell at PARCEL Brighton Rd #B, Howell, MI, 48843 offers $2,113/mo rent that, after a $2,175/mo payment. Total monthly income is $2,113/mo. Return on cash invested measures 13.25% in year one, and rental yield stands at 5.71% at a $444,300 entry. Equity gained on principal adds $2,867/yr while 5% annual appreciation compounds into $122,752 by year five. Five-year ROI records 67.67% and total cumulative return in cash reaches $99,664. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,113/mo property income versus a $2,175/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
2.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48843, Howell, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,156 (100%) |
| Owner Occupied HU | 15,805 (78.4%) |
| Renter Occupied HU | 3,715 (18.4%) |
| Vacant Housing Units | 636 ( 3.2%) |
| Median Home Value | $367,579 |
| Average Home Value | $397,756 |
Housing Distribution
Address Breakdown
Residential
19,681
Single Family
18,246
Multi-Family
1,435
Businesses
1,098
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