4673 N Cross Over DrBellaireMI49615
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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 4673 N Cross Over Dr, Bellaire, MI, 49615 priced at $282,900 converts $3,361/mo rent into $884/mo cash flow after a $1,385/mo obligation. Total monthly income equals $3,361/mo, and annual cash flow totals $10,609/yr on $93,781 invested. Return on cash invested prints 31.22% in year one, and rental yield reads 14.26% against a $282,900 entry. Equity gained on principal adds $1,826/yr, while 5% annual appreciation compiles into $78,160 by year five. Five-year ROI reaches 166.91% and total cumulative return in cash sums $156,535. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,361/mo property income covering a $1,385/mo payment, not borrower’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$7,332 annually HOA
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Listed by: Donald Fedrigon • REMAX Of Elk Rapids
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1919259
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 2024 Northern Great Lakes REALTORS MLS. All Rights Reserved.