2179 Drew Dr NEBelmontMI49306
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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 Belmont at 2179 Drew Dr NE, Belmont, MI, 49306 earns $473/mo cash flow from $4,093/mo rent with a $2,687/mo payment. Total monthly income totals $4,093/mo, and annual cash flow totals $5,672/yr on $180,621 capital. ROI tracks 23.2% on current figures, and rental yield reads 8.95% at a $548,999 purchase. Equity gained on principal adds $3,543/yr, and 5% annual appreciation supports $151,678 over five years. Five-year ROI reaches 121% and total cumulative return in cash sums $218,551. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,093/mo property income instead of your personal income.
Single Family
Built in 2003
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49306, Belmont, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,241 (100%) |
| Owner Occupied HU | 4,025 (94.9%) |
| Renter Occupied HU | 148 ( 3.5%) |
| Vacant Housing Units | 68 ( 1.6%) |
| Median Home Value | $387,841 |
| Average Home Value | $428,439 |
Housing Distribution
Address Breakdown
Residential
4,105
Single Family
4,035
Multi-Family
70
Businesses
232
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