7283 Blake DrBay CityMI48706
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
Investment property for sale in Bay City at 7283 Blake Dr, Bay City, MI, 48706 listed at $264,500 pairs $2,562/mo rent with a $1,295/mo payment to leave $817/mo cash flow. Total monthly income runs $2,562/mo, and annual cash flow reaches $9,808/yr on $87,682 cash to close. Return on cash invested measures 31.1% in year one, and rental yield registers 11.62% at a $264,500 basis. Equity gained on principal adds $1,707/yr, and annual property appreciation at 5% supports $73,076 by year five. Five-year ROI tracks 163.4% and total cumulative return in cash totals $143,270. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,562/mo property income relative to a $1,295/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48706, Bay City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,544 (100%) |
| Owner Occupied HU | 13,819 (74.5%) |
| Renter Occupied HU | 3,586 (19.3%) |
| Vacant Housing Units | 1,139 ( 6.1%) |
| Median Home Value | $169,366 |
| Average Home Value | $211,566 |
Housing Distribution
Address Breakdown
Residential
17,819
Single Family
16,686
Multi-Family
1,133
Businesses
1,168
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices