197 Harrison AvePontiacMI48341
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 Pontiac at 197 Harrison Ave, Pontiac, MI, 48341 with 5% annual appreciation on a $200,000 basis while $1,592/mo rent supports operations. Total monthly income totals $1,592/mo and a $979/mo payment preserves $273/mo for cash returns. Annual cash flow comes to $3,276/yr on $66,300 deployed, and return on cash invested reaches 24.85% in year one. Equity gained on principal adds $1,291/yr, and five-year appreciation sums $55,256 alongside rental yield of 9.55%. Five-year ROI measures 129.86% and total cumulative return in cash totals $86,096.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,592/mo property income versus a $979/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
5,271 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices