9574 40th StBloomingdaleMI49026
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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 Bloomingdale at 9574 40th St, Bloomingdale, MI, 49026 listed at $375,000 pairs $2,930/mo rent with a $1,835/mo payment to leave $458/mo cash flow. Total monthly income runs $2,930/mo, and annual cash flow reaches $5,490/yr on $124,313 cash to close. Return on cash invested measures 24.33% in year one, and rental yield registers 9.38% at a $375,000 basis. Equity gained on principal adds $2,420/yr, and annual property appreciation at 5% supports $103,606 by year five. Five-year ROI tracks 127.08% and total cumulative return in cash totals $157,971. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,930/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
16.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49026, Bloomingdale, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,139 (100%) |
| Owner Occupied HU | 682 (59.9%) |
| Renter Occupied HU | 129 (11.3%) |
| Vacant Housing Units | 328 (28.8%) |
| Median Home Value | $241,406 |
| Average Home Value | $306,650 |
Housing Distribution
Address Breakdown
Residential
809
Single Family
791
Multi-Family
18
Businesses
60
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Listed by: Suzy Glomski • Michigan Lifestyle Properties
Mls Name: MichRIC
Mls ID: #25061115