110 Bell AvePrudenvilleMI48651
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 Prudenville at 110 Bell Ave, Prudenville, MI, 48651 offers a 10.76% rental yield on a $190,000 purchase with $1,703/mo rent. Total monthly income registers $1,703/mo, and a $930/mo payment leaves $450/mo available for distribution. Annual cash flow reaches $5,400/yr on $62,985 to close, and return on cash invested stands at 28.48% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 149.33% and total cumulative return in cash at $94,056. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,703/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48651, Prudenville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,094 (100%) |
| Owner Occupied HU | 1,832 (44.7%) |
| Renter Occupied HU | 480 (11.7%) |
| Vacant Housing Units | 1,782 (43.5%) |
| Median Home Value | $208,261 |
| Average Home Value | $247,688 |
Housing Distribution
Address Breakdown
Residential
2,693
Single Family
2,621
Multi-Family
72
Businesses
165
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Flick • Midge & Co-Luxury Lakefront Homes
Mls Name: WWMLS
Mls ID: #201837865