2934 Oden RdAlansonMI49706
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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 Alanson at 2934 Oden Rd, Alanson, MI, 49706 priced at $1,689,000 pairs $5,657/mo rent with after a $8,267/mo payment. Total monthly income equals $5,657/mo. Return on cash invested is 8.35% in year one, and rental yield stands at 4.02% on a $1,689,000 basis. Equity gained on principal adds $10,899/yr, and 5% annual appreciation accumulates to $466,640 by year five. Five-year ROI measures 41.3% and total cumulative return in cash reaches $226,030. For financing, Ziffy Mortgage’s DSCR program evaluates $5,657/mo property income against a $8,267/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49706, Alanson, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,866 (100%) |
| Owner Occupied HU | 1,803 (62.9%) |
| Renter Occupied HU | 350 (12.2%) |
| Vacant Housing Units | 713 (24.9%) |
| Median Home Value | $256,041 |
| Average Home Value | $303,078 |
Housing Distribution
Address Breakdown
Residential
2,070
Single Family
2,040
Multi-Family
30
Businesses
97
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