2722 Belmont StHamtramckMI48212
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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 Hamtramck at 2722 Belmont St, Hamtramck, MI, 48212 earns $647/mo cash flow from $2,087/mo rent with a $1,069/mo payment. Total monthly income totals $2,087/mo, and annual cash flow totals $7,759/yr on $72,433 capital. ROI tracks 30.62% on current figures, and rental yield reads 11.46% at a $218,500 purchase. Equity gained on principal adds $1,410/yr, and 5% annual appreciation supports $60,368 over five years. Five-year ROI reaches 160.84% and total cumulative return in cash sums $116,504. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,087/mo property income instead of your personal income.
Single Family
Built in 1915
3,005 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48212, Hamtramck, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,070 (100%) |
| Owner Occupied HU | 7,245 (51.5%) |
| Renter Occupied HU | 5,428 (38.6%) |
| Vacant Housing Units | 1,397 ( 9.9%) |
| Median Home Value | $120,746 |
| Average Home Value | $179,760 |
Housing Distribution
Address Breakdown
Residential
12,551
Single Family
12,311
Multi-Family
240
Businesses
1,032
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