320 Rapid StPontiacMI48341
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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 Pontiac at 320 Rapid St, Pontiac, MI, 48341 earns $138/mo cash flow from $899/mo rent with a $565/mo payment. Total monthly income totals $899/mo, and annual cash flow totals $1,652/yr on $38,288 capital. ROI tracks 24.22% on current figures, and rental yield reads 9.34% at a $115,500 purchase. Equity gained on principal adds $745/yr, and 5% annual appreciation supports $31,911 over five years. Five-year ROI reaches 126.55% and total cumulative return in cash sums $48,454. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $899/mo property income instead of your personal income.
Single Family
Built in 1949
5,662 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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