6667 W River Rd NEBelmontMI49306
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
Investment Highlights
Rental property for sale in Belmont at 6667 W River Rd NE, Belmont, MI, 49306 priced at $399,900 converts $2,573/mo rent into after a $1,957/mo obligation. Total monthly income equals $2,573/mo. Return on cash invested prints 19.33% in year one, and rental yield reads 7.72% against a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation compiles into $110,485 by year five. Five-year ROI reaches 100.3% and total cumulative return in cash sums $132,968. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,573/mo property income covering a $1,957/mo payment, not borrower’s personal income.
Single Family
Built in 1953
1.02 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
