204 E Forrest Home AveBellaireMI49615
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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 Bellaire at 204 E Forrest Home Ave, Bellaire, MI, 49615 priced at $195,000 converts $3,215/mo rent into $1,889/mo cash flow after a $954/mo obligation. Total monthly income equals $3,215/mo, and annual cash flow totals $22,665/yr on $64,643 invested. Return on cash invested prints 54.97% in year one, and rental yield reads 19.78% against a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation compiles into $53,875 by year five. Five-year ROI reaches 291.69% and total cumulative return in cash sums $188,554. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,215/mo property income covering a $954/mo payment, not borrower’s personal income.
Single Family
Built in 1994
0.60 Acres lot
$N/A/sqft
No HOA
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Listed by: Walt Mann • REO-TCBellaire-233025
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1933403
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.