47145 Michigan Ave, Bloomingdale, MI, 49026 | $430/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Bloomingdale at 47145 Michigan Ave, Bloomingdale, MI, 49026 uses $61,328 cash to close to unlock $5,163/yr annual cash flow and $430/mo monthly cash flow. Total monthly income runs $1,656/mo, and a $905/mo payment keeps the spread at $430/mo. Purchase price stands at $185,000, and rental yield measures 10.74% with $1,656/mo rent. Return on cash invested shows 28.33% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 148.62% and total cumulative return in cash records $91,143. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,656/mo property income covering a $905/mo payment rather than investor’s personal income.

Manufactured

Built in 1996

10,018 sqft lot

$N/A/sqft

$75 annually HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49026, Bloomingdale, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,139 (100%)
Owner Occupied HU	682 (59.9%)
Renter Occupied HU	129 (11.3%)
Vacant Housing Units	328 (28.8%)
Median Home Value	$241,406
Average Home Value	$306,650