309 School StAlmontMI48003
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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 Almont at 309 School St, Almont, MI, 48003 earns $252/mo cash flow from $1,735/mo rent with a $1,101/mo payment. Total monthly income totals $1,735/mo, and annual cash flow totals $3,020/yr on $74,554 capital. ROI tracks 23.96% on current figures, and rental yield reads 9.26% at a $224,900 purchase. Equity gained on principal adds $1,451/yr, and 5% annual appreciation supports $62,136 over five years. Five-year ROI reaches 125.13% and total cumulative return in cash sums $93,289. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,735/mo property income instead of your personal income.
Single Family
Built in 1920
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48003, Almont, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,657 (100%) |
| Owner Occupied HU | 2,290 (86.2%) |
| Renter Occupied HU | 244 ( 9.2%) |
| Vacant Housing Units | 123 ( 4.6%) |
| Median Home Value | $315,236 |
| Average Home Value | $358,599 |
Housing Distribution
Address Breakdown
Residential
2,268
Single Family
2,029
Multi-Family
239
Businesses
197
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