7917 Strawberry Ln 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
Investment property for sale in Belmont at 7917 Strawberry Ln NE, Belmont, MI, 49306 at $600,000 posts ROI 25.91% with $962/mo cash flow from $4,969/mo rent. Total monthly income equals $4,969/mo, and annual cash flow records $11,544/yr on $197,400 to close. Return on cash invested measures 25.91% and rental yield reads 9.94% at the current $600,000. Equity gained on principal adds $3,872/yr, and 5% annual appreciation supports $165,769 by year five. Five-year ROI prints 135.62% and total cumulative return in cash totals $267,708.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,969/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1998
1.04 Acres lot
$N/A/sqft
$600 annually 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
