389 Osmun StPontiacMI48342
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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 389 Osmun St, Pontiac, MI, 48342 with 5% annual appreciation on a $160,000 basis while $2,261/mo rent supports operations. Total monthly income totals $2,261/mo and a $783/mo payment preserves $1,206/mo for cash returns. Annual cash flow comes to $14,472/yr on $53,040 deployed, and return on cash invested reaches 47.19% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,205 alongside rental yield of 16.96%. Five-year ROI measures 249.69% and total cumulative return in cash totals $132,434.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,261/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1920
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48342, Pontiac, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,410 (100%) |
| Owner Occupied HU | 3,374 (40.1%) |
| Renter Occupied HU | 4,344 (51.7%) |
| Vacant Housing Units | 692 ( 8.2%) |
| Median Home Value | $85,725 |
| Average Home Value | $154,378 |
Housing Distribution
Address Breakdown
Residential
7,253
Single Family
6,421
Multi-Family
832
Businesses
575
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