E7560 Prospect DrBessemerMI49911
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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 Bessemer at E7560 Prospect Dr, Bessemer, MI, 49911 at $124,900 posts ROI 23.26% with $116/mo cash flow from $939/mo rent. Total monthly income equals $939/mo, and annual cash flow records $1,388/yr on $41,404 to close. Return on cash invested measures 23.26% and rental yield reads 9.02% at the current $124,900. Equity gained on principal adds $806/yr, and 5% annual appreciation supports $34,508 by year five. Five-year ROI prints 121.4% and total cumulative return in cash totals $50,266.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $939/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1911
2.22 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: NANCY ZAK • ZAK'S REALTY
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50168957
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.