167 Mark AvePontiacMI48341
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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
Rental property for sale in Pontiac at 167 Mark Ave, Pontiac, MI, 48341 priced at $164,900 converts $1,260/mo rent into $173/mo cash flow after a $807/mo obligation. Total monthly income equals $1,260/mo, and annual cash flow totals $2,072/yr on $54,664 invested. Return on cash invested prints 23.7% in year one, and rental yield reads 9.17% against a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation compiles into $45,559 by year five. Five-year ROI reaches 123.73% and total cumulative return in cash sums $67,636. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,260/mo property income covering a $807/mo payment, not borrower’s personal income.
Single Family
Built in 1928
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48341, Pontiac, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,240 (100%) |
| Owner Occupied HU | 3,613 (49.9%) |
| Renter Occupied HU | 3,032 (41.9%) |
| Vacant Housing Units | 595 ( 8.2%) |
| Median Home Value | $145,604 |
| Average Home Value | $223,126 |
Housing Distribution
Address Breakdown
Residential
6,790
Single Family
6,210
Multi-Family
580
Businesses
736
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