5389 Miller Dr, Bellaire, MI, 49615 | 7.03% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

6 Bed
4 Bath
2500 sft

665/667 County Road 612 NE, Kalkaska, MI, 49646

3 Bed
4 Bath
3812 sft

4399 N East Torch Lake Dr, Central Lake, MI, 49622

3 Bed
2 Bath
1683 sft

11128 Hillcrest Blvd NE, Kalkaska, MI, 49646

- Bed
- Bath
- sft

5289 Us Highway 131 S, Boyne Falls, MI, 49713

Nearby investment properties with comparable prices

3 Bed
3 Bath
3010 sft

106 Hillcrest Dr, East Jordan, MI, 49727

2 Bed
2 Bath
1200 sft

5670 Shanty Creek Rd #3, Bellaire, MI, 49615

Investment Property+ 1 more

3 Bed
2 Bath
1750 sft

528 Grant St, Boyne City, MI, 49712

4 Bed
2 Bath
2500 sft

252 Thumm Rd, Gaylord, MI, 49735

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Bellaire at 5389 Miller Dr, Bellaire, MI, 49615 generates $2,572/mo in rent, after a $2,149/mo payment. Total monthly income is $2,572/mo. Return on cash invested sits at 17.24% in year one, and rental yield is 7.03% on a $439,000 entry. Equity gained on principal adds $2,833/yr, while 5% annual appreciation builds toward $121,288 over five years. Five-year ROI reaches 89.08% and total cumulative return in cash sums $129,632. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,572/mo property income rather than buyer’s personal income.

Single Family

Built in 1991

0.50 Acres lot

$N/A/sqft

No HOA