48000 Wear RdBellevilleMI48111
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
Investment Highlights
Investment property for sale in Belleville at 48000 Wear Rd, Belleville, MI, 48111 earns $474/mo cash flow from $1,529/mo rent with a $783/mo payment. Total monthly income totals $1,529/mo, and annual cash flow totals $5,688/yr on $53,040 capital. ROI tracks 30.63% on current figures, and rental yield reads 11.47% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 160.89% and total cumulative return in cash sums $85,334. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,529/mo property income instead of your personal income.
Single Family
Built in 1941
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48111, Belleville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,990 (100%) |
| Owner Occupied HU | 13,158 (65.8%) |
| Renter Occupied HU | 5,714 (28.6%) |
| Vacant Housing Units | 1,118 ( 5.6%) |
| Median Home Value | $271,917 |
| Average Home Value | $286,480 |
Housing Distribution
Address Breakdown
Residential
19,973
Single Family
17,138
Multi-Family
2,835
Businesses
655
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wendy Williams • Key Realty One LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #25049674
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.