5010 Belle River RdAtticaMI48412
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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 Attica at 5010 Belle River Rd, Attica, MI, 48412 priced at $387,900 converts $2,346/mo rent into after a $1,899/mo obligation. Total monthly income equals $2,346/mo. Return on cash invested prints 17.93% in year one, and rental yield reads 7.26% against a $387,900 entry. Equity gained on principal adds $2,503/yr, while 5% annual appreciation compiles into $107,170 by year five. Five-year ROI reaches 92.75% and total cumulative return in cash sums $119,265. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,346/mo property income covering a $1,899/mo payment, not borrower’s personal income.
Single Family
Built in 1989
11.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48412, Attica, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,598 (100%) |
| Owner Occupied HU | 2,208 (85.0%) |
| Renter Occupied HU | 148 ( 5.7%) |
| Vacant Housing Units | 242 ( 9.3%) |
| Median Home Value | $261,806 |
| Average Home Value | $288,560 |
Housing Distribution
Address Breakdown
Residential
2,344
Single Family
2,344
Multi-Family
0
Businesses
71
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