2424-6202 6210 Tennis Court C2 D2 #B3-10-13Bay CityMI48706
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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 Bay City at 2424-6202 6210 Tennis Court C2 D2 #B3-10-13, Bay City, MI, 48706 offers a 4.8% rental yield on a $240,000 purchase with $960/mo rent. 76% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 44.23% and total cumulative return in cash at $35,186. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $960/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
N/A lot
$N/A/sqft
$116 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48706, Bay City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,544 (100%) |
| Owner Occupied HU | 13,819 (74.5%) |
| Renter Occupied HU | 3,586 (19.3%) |
| Vacant Housing Units | 1,139 ( 6.1%) |
| Median Home Value | $169,366 |
| Average Home Value | $211,566 |
Housing Distribution
Address Breakdown
Residential
17,819
Single Family
16,686
Multi-Family
1,133
Businesses
1,168
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Listed by: Shellie Schlicker • Priority One Real Estate
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50163031
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