12382 92nd St SEAltoMI49302
Nearby investment properties with comparable rents
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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 Alto at 12382 92nd St SE, Alto, MI, 49302 earns $528/mo cash flow from $2,737/mo rent with a $1,640/mo payment. Total monthly income totals $2,737/mo, and annual cash flow totals $6,330/yr on $111,053 capital. ROI tracks 25.61% on current figures, and rental yield reads 9.8% at a $335,000 purchase. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 over five years. Five-year ROI reaches 133.97% and total cumulative return in cash sums $148,772. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,737/mo property income instead of your personal income.
Single Family
Built in 1976
4.50 Acres 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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