11418 Kirby St SEAltoMI49302
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 11418 Kirby St SE, Alto, MI, 49302 in Alto is straightforward: $337,500 in, $2,654/mo in rent, $429/mo out after debt service. The 9.44% gross yield and 1.66 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $93,245 by year five. With $2,829/yr in principal equity, the total cumulative return is projected at $149,833.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 7.0% |
| Monthly Cash Flow | $429 | $350 |
City averages based on Alto market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,654 |
| Total Monthly Debt Service | $2,174 |
| DSCR Ratio | 1.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49302, Alto, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,336 (100%) |
| Owner Occupied HU | 2,938 (88.1%) |
| Renter Occupied HU | 324 ( 9.7%) |
| Vacant Housing Units | 74 ( 2.2%) |
| Median Home Value | $417,829 |
| Average Home Value | $464,540 |
Housing Distribution
Address Breakdown
Residential
3,108
Single Family
3,108
Multi-Family
0
Businesses
107
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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
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Nearby investment properties with comparable prices
