9650 Hamilton StVan Buren TownshipMI48111
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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 Van Buren Township at 9650 Hamilton St, Van Buren Township, MI, 48111 uses $84,533 cash to close to unlock $4,386/yr annual cash flow and $366/mo monthly cash flow. Total monthly income runs $2,047/mo, and a $1,248/mo payment keeps the spread at $366/mo. Purchase price stands at $255,000, and rental yield measures 9.63% with $2,047/mo rent. Return on cash invested shows 25.1% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 131.23% and total cumulative return in cash records $110,936. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,047/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1971
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48111, Belleville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,990 (100%) |
| Owner Occupied HU | 13,158 (65.8%) |
| Renter Occupied HU | 5,714 (28.6%) |
| Vacant Housing Units | 1,118 ( 5.6%) |
| Median Home Value | $271,917 |
| Average Home Value | $286,480 |
Housing Distribution
Address Breakdown
Residential
19,973
Single Family
17,138
Multi-Family
2,835
Businesses
655
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Listed by: Barbara Andrew • Key Realty - Monroe
Mls Name: Realcomp II
Mls ID: #20251030482