4404 Eastport DrBridgeportMI48722
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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 Bridgeport at 4404 Eastport Dr, Bridgeport, MI, 48722 generates $1,574/mo in rent and, after a $1,027/mo payment, leaves $190/mo in cash flow. Total monthly income is $1,574/mo, and annual cash flow is $2,282/yr on $69,582 invested. Return on cash invested sits at 23.19% in year one, and rental yield is 9% on a $209,900 entry. Equity gained on principal adds $1,354/yr, while 5% annual appreciation builds toward $57,992 over five years. Five-year ROI reaches 121.01% and total cumulative return in cash sums $84,200. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,574/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48722, Bridgeport, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,457 (100%) |
| Owner Occupied HU | 1,178 (80.9%) |
| Renter Occupied HU | 196 (13.5%) |
| Vacant Housing Units | 83 ( 5.7%) |
| Median Home Value | $177,188 |
| Average Home Value | $214,958 |
Housing Distribution
Address Breakdown
Residential
1,305
Single Family
1,305
Multi-Family
0
Businesses
165
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Listed by: Janet Kovach • RE/MAX New Image
Mls Name: MiRealSource
Mls ID: #50180967