12870 Alma StBurtMI48417
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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 Burt at 12870 Alma St, Burt, MI, 48417 uses $53,040 cash to close to unlock $1,968/yr annual cash flow and $164/mo monthly cash flow. Total monthly income runs $1,219/mo, and a $783/mo payment keeps the spread at $164/mo. Purchase price stands at $160,000, and rental yield measures 9.14% with $1,219/mo rent. Return on cash invested shows 23.62% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 123.28% and total cumulative return in cash records $65,390. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,219/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1950
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48417, Burt, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,173 (100%) |
| Owner Occupied HU | 1,019 (86.9%) |
| Renter Occupied HU | 95 ( 8.1%) |
| Vacant Housing Units | 59 ( 5.0%) |
| Median Home Value | $218,246 |
| Average Home Value | $251,921 |
Housing Distribution
Address Breakdown
Residential
1,048
Single Family
1,020
Multi-Family
28
Businesses
17
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