51161 Union StBellevilleMI48111
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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 51161 Union St, Belleville, MI, 48111 uses $35,769 cash to close to unlock $2,383/yr annual cash flow and $199/mo monthly cash flow. Total monthly income runs $1,560/mo, and a $528/mo payment keeps the spread at $199/mo. Purchase price stands at $107,900, and rental yield measures 17.35% with $1,560/mo rent. Return on cash invested shows 26.57% in year one, and 5% annual appreciation builds toward $29,811 over five years. Five-year ROI reaches 147.08% and total cumulative return in cash records $52,608. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,560/mo property income covering a $528/mo payment rather than investor’s personal income.
Manufactured
Built in 2017
N/A lot
$N/A/sqft
$650 monthly 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: Mark Williams • Holly Manufactured Homes LLC
Mls Name: NY State MLS
Mls ID: #11498783