1016 Argyle CtAlmaMI48801
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 Alma at 1016 Argyle Ct, Alma, MI, 48801 at $279,900 posts ROI 29.59% with $748/mo cash flow from $2,609/mo rent. Total monthly income equals $2,609/mo, and annual cash flow records $8,982/yr on $92,787 to close. Return on cash invested measures 29.59% and rental yield reads 11.19% at the current $279,900. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,331 by year five. Five-year ROI prints 155.38% and total cumulative return in cash totals $144,169.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,609/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1951
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48801, Alma, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,977 (100%) |
| Owner Occupied HU | 3,219 (64.7%) |
| Renter Occupied HU | 1,374 (27.6%) |
| Vacant Housing Units | 384 ( 7.7%) |
| Median Home Value | $135,782 |
| Average Home Value | $176,817 |
Housing Distribution
Address Breakdown
Residential
4,884
Single Family
4,551
Multi-Family
333
Businesses
504
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Nearby investment properties with comparable prices
Listed by: Gretchen Meeker • CENTURY 21 SIGNATURE - Mt. Pleasant
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1932973
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.