10570 Belmont DrRamsayMI49959
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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 Ramsay at 10570 Belmont Dr, Ramsay, MI, 49959 earns $188/mo cash flow from $1,402/mo rent with a $901/mo payment. Total monthly income totals $1,402/mo, and annual cash flow totals $2,258/yr on $60,996 capital. ROI tracks 23.61% on current figures, and rental yield reads 9.14% at a $184,000 purchase. Equity gained on principal adds $1,187/yr, and 5% annual appreciation supports $50,836 over five years. Five-year ROI reaches 123.29% and total cumulative return in cash sums $75,205. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,402/mo property income instead of your personal income.
Single Family
Built in 1929
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49959, Ramsay, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 288 (100%) |
| Owner Occupied HU | 161 (55.9%) |
| Renter Occupied HU | 38 (13.2%) |
| Vacant Housing Units | 89 (30.9%) |
| Median Home Value | $75,000 |
| Average Home Value | $97,562 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
7
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