7030 Bouman DrMiddlevilleMI49333
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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 Middleville at 7030 Bouman Dr, Middleville, MI, 49333 earns $893/mo cash flow from $2,864/mo rent with a $1,463/mo payment. Total monthly income totals $2,864/mo, and annual cash flow totals $10,712/yr on $99,119 capital. ROI tracks 30.72% on current figures, and rental yield reads 11.49% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 161.33% and total cumulative return in cash sums $159,910. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,864/mo property income instead of your personal income.
Single Family
Built in 1992
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49333, Middleville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,474 (100%) |
| Owner Occupied HU | 4,393 (80.3%) |
| Renter Occupied HU | 717 (13.1%) |
| Vacant Housing Units | 364 ( 6.6%) |
| Median Home Value | $317,795 |
| Average Home Value | $363,773 |
Housing Distribution
Address Breakdown
Residential
5,147
Single Family
4,969
Multi-Family
178
Businesses
199
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Listed by: Darko Jovanovic • Bellabay Realty (North)
Mls Name: MichRIC
Mls ID: #25062179