6869 Vinewood Ave 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 6869 Vinewood Ave NE, Belmont, MI, 49306 uses $34,476 cash to close to unlock $16,646/yr annual cash flow and $1,387/mo monthly cash flow. Total monthly income runs $2,689/mo, and a $509/mo payment keeps the spread at $1,387/mo. Purchase price stands at $104,000, and rental yield measures 31.03% with $2,689/mo rent. Return on cash invested shows 68.19% in year one, and 5% annual appreciation builds toward $28,733 over five years. Five-year ROI reaches 370.2% and total cumulative return in cash records $127,632. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,689/mo property income covering a $509/mo payment rather than investor’s personal income.
Manufactured
Built in 2022
N/A lot
$N/A/sqft
$616 monthly 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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