28167 Belmonte DrNew HudsonMI48165
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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 New Hudson at 28167 Belmonte Dr, New Hudson, MI, 48165 uses $149,175 cash to close to unlock $1,236/yr annual cash flow and $103/mo monthly cash flow. Total monthly income runs $3,071/mo, and a $2,203/mo payment keeps the spread at $103/mo. Purchase price stands at $450,000, and rental yield measures 8.19% with $3,071/mo rent. Return on cash invested shows 20.74% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 107.8% and total cumulative return in cash records $160,818. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,071/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48165, New Hudson, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,765 (100%) |
| Owner Occupied HU | 2,780 (73.8%) |
| Renter Occupied HU | 866 (23.0%) |
| Vacant Housing Units | 119 ( 3.2%) |
| Median Home Value | $419,069 |
| Average Home Value | $425,251 |
Housing Distribution
Address Breakdown
Residential
3,795
Single Family
2,799
Multi-Family
996
Businesses
304
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Listed by: Jean A Wells • Coldwell Banker Professionals-Northville
Mls Name: Realcomp II
Mls ID: #20251058425