48315 Bayshore DrBellevilleMI48111
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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
Investment property for sale in Belleville at 48315 Bayshore Dr, Belleville, MI, 48111 earns from $2,163/mo rent with a $1,762/mo payment. Total monthly income totals $2,163/mo. ROI tracks 17.79% on current figures, and rental yield reads 7.21% at a $360,000 purchase. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 over five years. Five-year ROI reaches 91.98% and total cumulative return in cash sums $109,773. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,163/mo property income instead of your personal income.
Condo
Built in 1979
N/A 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
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Listed by: Derica Wade • Real Estate One-Plymouth
Mls Name: Realcomp II
Mls ID: #20251061817