3386 W Monroe RdAlmaMI48801
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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 Alma at 3386 W Monroe Rd, Alma, MI, 48801 offers a 19.88% rental yield on a $131,200 purchase with $2,174/mo rent. Total monthly income registers $2,174/mo, and a $642/mo payment leaves $1,309/mo available for distribution. Annual cash flow reaches $15,708/yr on $43,493 to close, and return on cash invested stands at 56.02% in year one. Equity gained on principal adds $847/yr while 5% annual appreciation supports $36,248 over five years. Portfolio math shows five-year ROI at 297.03% and total cumulative return in cash at $129,187. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,174/mo property income against a $642/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48801, Alma, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,977 (100%) |
| Owner Occupied HU | 3,219 (64.7%) |
| Renter Occupied HU | 1,374 (27.6%) |
| Vacant Housing Units | 384 ( 7.7%) |
| Median Home Value | $135,782 |
| Average Home Value | $176,817 |
Housing Distribution
Address Breakdown
Residential
4,884
Single Family
4,551
Multi-Family
333
Businesses
504
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