4111 Preserve Dr NEBelmontMI49306
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
Investment property for sale in Belmont at 4111 Preserve Dr NE, Belmont, MI, 49306 listed at $589,500 pairs $3,272/mo rent with a $2,885/mo payment. Total monthly income runs $3,272/mo. Return on cash invested measures 14% in year one, and rental yield registers 6.66% at a $589,500 basis. Equity gained on principal adds $3,804/yr, and annual property appreciation at 5% supports $162,868 by year five. Five-year ROI tracks 72.45% and total cumulative return in cash totals $140,523. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,272/mo property income relative to a $2,885/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2021
N/A lot
$N/A/sqft
$365 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
