E6250 Snowdrift StBessemerMI49911
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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
Rental property for sale in Bessemer at E6250 Snowdrift St, Bessemer, MI, 49911 priced at $564,900 pairs $1,074/mo rent with after a $2,765/mo payment. Total monthly income equals $1,074/mo. Return on cash invested is 2.94% in year one, and rental yield stands at 2.28% on a $564,900 basis. Equity gained on principal adds $3,645/yr, and 5% annual appreciation accumulates to $156,071 by year five. Five-year ROI measures 12.36% and total cumulative return in cash reaches $22,964. For financing, Ziffy Mortgage’s DSCR program evaluates $1,074/mo property income against a $2,765/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1984
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49911, Bessemer, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,927 (100%) |
| Owner Occupied HU | 1,040 (54.0%) |
| Renter Occupied HU | 241 (12.5%) |
| Vacant Housing Units | 646 (33.5%) |
| Median Home Value | $139,236 |
| Average Home Value | $161,596 |
Housing Distribution
Address Breakdown
Residential
1,244
Single Family
1,208
Multi-Family
36
Businesses
85
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Listed by: KAREN GULLAN • NORTHERN TRAILS REALTY, LLC
Mls Name: GNMLS
Mls Provider:
Mls ID: #210536
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.