3522 Bellflower DrPortageMI49024
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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
Rental property for sale in Portage at 3522 Bellflower Dr, Portage, MI, 49024 generates $4,981/mo in rent and, after a $3,549/mo payment, leaves $175/mo in cash flow. Total monthly income is $4,981/mo, and annual cash flow is $2,094/yr on $238,525 invested. Return on cash invested sits at 20.94% in year one, and rental yield is 8.24% on a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation builds toward $200,304 over five years. Five-year ROI reaches 108.92% and total cumulative return in cash sums $259,793. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,981/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
0.54 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49024, Portage, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,522 (100%) |
| Owner Occupied HU | 8,953 (66.2%) |
| Renter Occupied HU | 3,895 (28.8%) |
| Vacant Housing Units | 674 ( 5.0%) |
| Median Home Value | $300,516 |
| Average Home Value | $336,610 |
Housing Distribution
Address Breakdown
Residential
13,102
Single Family
11,134
Multi-Family
1,968
Businesses
800
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