402 E Broad StBellaireMI49615
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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 Bellaire at 402 E Broad St, Bellaire, MI, 49615 offers $1,436/mo rent that, after a $876/mo payment, leaves $256/mo cash flow. Total monthly income is $1,436/mo, and annual cash flow is $3,068/yr on $59,339 cash. Return on cash invested measures 25.08% in year one, and rental yield stands at 9.63% at a $179,000 entry. Equity gained on principal adds $1,155/yr while 5% annual appreciation compounds into $49,454 by year five. Five-year ROI records 131.11% and total cumulative return in cash reaches $77,799. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,436/mo property income versus a $876/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
4,791 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Janet Piscopo • Coldwell Banker Schmidt-Bellai
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1937531
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.