5547 Seagull Dr NEBelmontMI49306
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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 Belmont at 5547 Seagull Dr NE, Belmont, MI, 49306 with 5% annual appreciation on a $122,900 basis while $2,117/mo rent supports operations. Total monthly income totals $2,117/mo and a $602/mo payment preserves $1,306/mo for cash returns. Annual cash flow comes to $15,673/yr on $40,741 deployed, and return on cash invested reaches 58.38% in year one. Equity gained on principal adds $793/yr, and five-year appreciation sums $33,955 alongside rental yield of 20.67%. Five-year ROI measures 309.78% and total cumulative return in cash totals $126,210.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,117/mo property income versus a $602/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49306, Belmont, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,241 (100%) |
| Owner Occupied HU | 4,025 (94.9%) |
| Renter Occupied HU | 148 ( 3.5%) |
| Vacant Housing Units | 68 ( 1.6%) |
| Median Home Value | $387,841 |
| Average Home Value | $428,439 |
Housing Distribution
Address Breakdown
Residential
4,105
Single Family
4,035
Multi-Family
70
Businesses
232
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