495 Victorian LnBellevilleMI48111
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 495 Victorian Ln, Belleville, MI, 48111 at $299,500 posts ROI 27.92% with $663/mo cash flow from $2,663/mo rent. Total monthly income equals $2,663/mo, and annual cash flow records $7,954/yr on $99,284 to close. Return on cash invested measures 27.92% and rental yield reads 10.67% at the current $299,500. Equity gained on principal adds $1,933/yr, and 5% annual appreciation supports $82,746 by year five. Five-year ROI prints 146.45% and total cumulative return in cash totals $145,403.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,663/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1996
7,405 sqft lot
$N/A/sqft
$300 annually 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: Mitchell D Luban • Edison Brokers & Co LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #24061433
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.