33647 Bayview DrChesterfieldMI48047
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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 Chesterfield at 33647 Bayview Dr, Chesterfield, MI, 48047 earns $148/mo cash flow from $1,203/mo rent with a $783/mo payment. Total monthly income totals $1,203/mo, and annual cash flow totals $1,776/yr on $53,040 capital. ROI tracks 23.26% on current figures, and rental yield reads 9.02% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 121.32% and total cumulative return in cash sums $64,346. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,203/mo property income instead of your personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48047, New Baltimore, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,500 (100%) |
| Owner Occupied HU | 13,018 (78.9%) |
| Renter Occupied HU | 2,935 (17.8%) |
| Vacant Housing Units | 547 ( 3.3%) |
| Median Home Value | $331,383 |
| Average Home Value | $354,784 |
Housing Distribution
Address Breakdown
Residential
16,408
Single Family
15,958
Multi-Family
450
Businesses
771
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Listed by: Kathy Furlong • Keller Williams Lakeside
Mls Name: Realcomp II
Mls ID: #20251033018