9270 E Jones RdBellevueMI49021
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 Bellevue at 9270 E Jones Rd, Bellevue, MI, 49021 offers a 9.38% rental yield on a $120,000 purchase with $938/mo rent. Total monthly income registers $938/mo, and a $587/mo payment leaves $147/mo available for distribution. Annual cash flow reaches $1,764/yr on $39,780 to close, and return on cash invested stands at 24.34% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,154 over five years. Portfolio math shows five-year ROI at 127.14% and total cumulative return in cash at $50,575. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $938/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1994
5 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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