6202-6210 Tennis Court 10 #C2-D2-13Bay CityMI48706
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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
Total monthly income runs $960/mo, and a $832/mo payment. Purchase price stands at $170,000, and rental yield measures 6.78% with $960/mo rent. Return on cash invested shows 14.01% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 72.63% and total cumulative return in cash records $40,929. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $960/mo property income covering a $832/mo payment rather than investor’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$116 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48706, Bay City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,544 (100%) |
| Owner Occupied HU | 13,819 (74.5%) |
| Renter Occupied HU | 3,586 (19.3%) |
| Vacant Housing Units | 1,139 ( 6.1%) |
| Median Home Value | $169,366 |
| Average Home Value | $211,566 |
Housing Distribution
Address Breakdown
Residential
17,819
Single Family
16,686
Multi-Family
1,133
Businesses
1,168
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Listed by: Shellie Schlicker • Priority One Real Estate
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50163031
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