5610 Shanty Creek Rd UNIT 109BellaireMI49615
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.76 makes 5610 Shanty Creek Rd UNIT 109, Bellaire, MI, 49615 in Bellaire one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 9.49%. The 9.49% yield, 5% annual appreciation ($35,640 over five years), and $1,188/yr in principal reduction project a total cumulative return of $37,500.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.0% |
| Monthly Cash Flow | $(207) | $800 |
City averages based on Bellaire market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,020 |
| Total Monthly Debt Service | $1,175 |
| DSCR Ratio | 0.87x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2002
N/A lot
$N/A/sqft
$4,512 annually HOA
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
Condo
Built in 2002
N/A lot
$N/A/sqft
$4,512 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Richard Albert • Bergrand Realty
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1934347
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.