420 S Main StBellevueMI49021
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 420 S Main St, Bellevue, MI, 49021 in Bellevue hard to pass up. The 14.48% gross yield on a $119,000 purchase results in $1,436/mo in rent and $652/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.68). Annual cash flow of $7,820, five-year appreciation of $32,878, and $1,096/yr in equity build-up combine for a projected total cumulative return of $87,257.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.5% | 7.5% |
| Monthly Cash Flow | $652 | $800 |
City averages based on Bellevue market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,436 |
| Total Monthly Debt Service | $737 |
| DSCR Ratio | 1.95x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
