121 S Biggs StBellevilleMI48111
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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 Belleville at 121 S Biggs St, Belleville, MI, 48111 priced at $275,000 converts $2,484/mo rent into $671/mo cash flow after a $1,346/mo obligation. Total monthly income equals $2,484/mo, and annual cash flow totals $8,046/yr on $91,163 invested. Return on cash invested prints 28.73% in year one, and rental yield reads 10.84% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 150.72% and total cumulative return in cash sums $137,399. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,484/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 2014
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48111, Belleville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,990 (100%) |
| Owner Occupied HU | 13,158 (65.8%) |
| Renter Occupied HU | 5,714 (28.6%) |
| Vacant Housing Units | 1,118 ( 5.6%) |
| Median Home Value | $271,917 |
| Average Home Value | $286,480 |
Housing Distribution
Address Breakdown
Residential
19,973
Single Family
17,138
Multi-Family
2,835
Businesses
655
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Listed by: Amy Pachera • Real Estate One Inc
Mls Name: MichRIC
Mls ID: #25045050