251 Magnolia #251BellevilleMI48111
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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 Belleville at 251 Magnolia #251, Belleville, MI, 48111 listed at $101,900 pairs $1,498/mo rent with a $499/mo payment to leave $826/mo cash flow. Total monthly income runs $1,498/mo, and annual cash flow reaches $9,909/yr on $33,780 cash to close. Return on cash invested measures 49.24% in year one, and rental yield registers 17.64% at a $101,900 basis. Equity gained on principal adds $658/yr, and annual property appreciation at 5% supports $28,153 by year five. Five-year ROI tracks 260.71% and total cumulative return in cash totals $88,068. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,498/mo property income relative to a $499/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2022
N/A 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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Listed by: Autumn Stirgus • Holiday Woods
Mls Name: My State MLS
Mls ID: #11105628