3800 Preserve DrBelmontMI49306
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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 Belmont at 3800 Preserve Dr, Belmont, MI, 49306 priced at $549,900 pairs $6,918/mo rent with $2,982/mo cash flow after a $2,691/mo payment. Total monthly income equals $6,918/mo, and annual cash flow comes to $35,786/yr on $180,917 invested. Return on cash invested is 39.84% in year one, and rental yield stands at 15.1% on a $549,900 basis. Equity gained on principal adds $3,548/yr, and 5% annual appreciation accumulates to $151,927 by year five. Five-year ROI measures 210.99% and total cumulative return in cash reaches $381,722. For financing, Ziffy Mortgage’s DSCR program evaluates $6,918/mo property income against a $2,691/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2013
N/A lot
$N/A/sqft
$310 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49306, Belmont, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,241 (100%) |
| Owner Occupied HU | 4,025 (94.9%) |
| Renter Occupied HU | 148 ( 3.5%) |
| Vacant Housing Units | 68 ( 1.6%) |
| Median Home Value | $387,841 |
| Average Home Value | $428,439 |
Housing Distribution
Address Breakdown
Residential
4,105
Single Family
4,035
Multi-Family
70
Businesses
232
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