13273 Lake Point BlvdVan Buren TwpMI48111
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 13273 Lake Point Blvd, Van Buren Twp, MI, 48111 in Van Buren Twp: $2,038/mo in rent, $226/mo in net income, 10.68% gross yield, 1.98 DSCR, all at $229,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $63,268 in appreciation and $2,109/yr in principal paydown projects total cumulative return of $121,206.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.2% |
| Monthly Cash Flow | $226 | $350 |
City averages based on Van Buren Twp market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,038 |
| Total Monthly Debt Service | $1,419 |
| DSCR Ratio | 1.44x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1972
871.20 sqft 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
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
Townhouse
Built in 1972
871.20 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Louis Bitto • USA #1 Realty LLC
Mls Name: MiRealSource
Mls ID: #50199361