2666 County Road 665BloomingdaleMI49026
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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 Bloomingdale at 2666 County Road 665, Bloomingdale, MI, 49026 earns $798/mo cash flow from $2,446/mo rent with a $1,223/mo payment. Total monthly income totals $2,446/mo, and annual cash flow totals $9,578/yr on $82,842 capital. ROI tracks 31.47% on current figures, and rental yield reads 11.75% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 165.43% and total cumulative return in cash sums $137,042. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,446/mo property income instead of your personal income.
Single Family
Built in 1930
1.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49026, Bloomingdale, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,139 (100%) |
| Owner Occupied HU | 682 (59.9%) |
| Renter Occupied HU | 129 (11.3%) |
| Vacant Housing Units | 328 (28.8%) |
| Median Home Value | $241,406 |
| Average Home Value | $306,650 |
Housing Distribution
Address Breakdown
Residential
809
Single Family
791
Multi-Family
18
Businesses
60
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Listed by: Laura A Carr • City2Shore Real Estate Inc.
Mls Name: MichRIC
Mls Provider:
Mls ID: #24045829
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.