378 E Bell StCamdenMI49232
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Camden at 378 E Bell St, Camden, MI, 49232 priced at $299,900 pairs $4,896/mo rent with $2,833/mo cash flow after a $1,468/mo payment. Total monthly income equals $4,896/mo, and annual cash flow comes to $33,995/yr on $99,417 invested. Return on cash invested is 54.1% in year one, and rental yield stands at 19.59% on a $299,900 basis. Equity gained on principal adds $1,935/yr, and 5% annual appreciation accumulates to $82,857 by year five. Five-year ROI measures 287.1% and total cumulative return in cash reaches $285,424. For financing, Ziffy Mortgage’s DSCR program evaluates $4,896/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
4.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49232, Camden, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,280 (100%) |
| Owner Occupied HU | 859 (67.1%) |
| Renter Occupied HU | 125 ( 9.8%) |
| Vacant Housing Units | 296 (23.1%) |
| Median Home Value | $219,860 |
| Average Home Value | $248,577 |
Housing Distribution
Address Breakdown
Residential
1,124
Single Family
1,124
Multi-Family
0
Businesses
39
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