220 Montague StVan Buren TownshipMI48111
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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 Van Buren Township at 220 Montague St, Van Buren Township, MI, 48111 offers $2,099/mo rent that, after a $1,224/mo payment, leaves $450/mo cash flow. Total monthly income is $2,099/mo, and annual cash flow is $5,400/yr on $82,873 cash. Return on cash invested measures 26.43% in year one, and rental yield stands at 10.08% at a $249,995 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,069 by year five. Five-year ROI records 138.38% and total cumulative return in cash reaches $114,680. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,099/mo property income versus a $1,224/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
0.33 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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