2400 Troon #4229BellaireMI49615
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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 Bellaire at 2400 Troon #4229, Bellaire, MI, 49615 listed at $114,900 pairs $2,042/mo rent with a $562/mo payment to leave $737/mo cash flow. Total monthly income runs $2,042/mo, and annual cash flow reaches $8,840/yr on $38,089 cash to close. Return on cash invested measures 43.12% in year one, and rental yield registers 21.33% at a $114,900 basis. Equity gained on principal adds $741/yr, and annual property appreciation at 5% supports $31,745 by year five. Five-year ROI tracks 234.09% and total cumulative return in cash totals $89,162. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,042/mo property income relative to a $562/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1999
N/A lot
$N/A/sqft
$6,576 annually HOA
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Listed by: Deborah Alexander • Coldwell Banker Schmidt-Bellai
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1924110
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 2024 Northern Great Lakes REALTORS MLS. All Rights Reserved.