7169 Sherwood HwyBellevueMI49021
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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
Rental property for sale in Bellevue at 7169 Sherwood Hwy, Bellevue, MI, 49021 priced at $359,900 converts $2,638/mo rent into $264/mo cash flow after a $1,762/mo obligation. Total monthly income equals $2,638/mo, and annual cash flow totals $3,170/yr on $119,307 invested. Return on cash invested prints 22.57% in year one, and rental yield reads 8.8% against a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation compiles into $99,434 by year five. Five-year ROI reaches 117.65% and total cumulative return in cash sums $140,366. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,638/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Single Family
Built in 1985
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49021, Bellevue, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,661 (100%) |
| Owner Occupied HU | 2,232 (83.9%) |
| Renter Occupied HU | 265 ( 10.0%) |
| Vacant Housing Units | 164 ( 6.2%) |
| Median Home Value | $246,210 |
| Average Home Value | $285,467 |
Housing Distribution
Address Breakdown
Residential
2,612
Single Family
2,552
Multi-Family
60
Businesses
68
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Listed by: Frank McGillis • RE/MAX Real Estate Professionals
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #286708
Disclaimer: IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2025 Greater Lansing Association of REALTORS