6493 Deer Path #104BellaireMI49615
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 6493 Deer Path #104, Bellaire, MI, 49615 in Bellaire deserves attention. This $244,000 property earns $2,928/mo in rent, a 14.4% gross yield, and nets $761/mo after the $1,097/mo payment. DSCR 2.67 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $67,413 compounds alongside $2,247/yr in yearly equity build, for a total cumulative return of $144,395.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.4% | 6.0% |
| Monthly Cash Flow | $761 | $800 |
City averages based on Bellaire market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,928 |
| Total Monthly Debt Service | $2,070 |
| DSCR Ratio | 1.41x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1993
N/A lot
$N/A/sqft
$6,696 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 1993
N/A lot
$N/A/sqft
$6,696 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices