420 S Main StBellevueMI49021
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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
Investment property for sale in Bellevue at 420 S Main St, Bellevue, MI, 49021 listed at $119,000 pairs $1,436/mo rent with a $582/mo payment to leave $652/mo cash flow. Total monthly income runs $1,436/mo, and annual cash flow reaches $7,820/yr on $39,449 cash to close. Return on cash invested measures 39.73% in year one, and rental yield registers 14.48% at a $119,000 basis. Equity gained on principal adds $768/yr, and annual property appreciation at 5% supports $32,878 by year five. Five-year ROI tracks 209.69% and total cumulative return in cash totals $82,721. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,436/mo property income relative to a $582/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1880
1.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49021, Bellevue, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,661 (100%) |
| Owner Occupied HU | 2,232 (83.9%) |
| Renter Occupied HU | 265 ( 10.0%) |
| Vacant Housing Units | 164 ( 6.2%) |
| Median Home Value | $246,210 |
| Average Home Value | $285,467 |
Housing Distribution
Address Breakdown
Residential
2,612
Single Family
2,552
Multi-Family
60
Businesses
68
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