4085 Monroe RdAlleganMI49010
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Allegan at 4085 Monroe Rd, Allegan, MI, 49010 priced at $348,862 pairs $5,808/mo rent with $3,500/mo cash flow after a $1,708/mo payment. Total monthly income equals $5,808/mo, and annual cash flow comes to $41,996/yr on $115,648 invested. Return on cash invested is 56.22% in year one, and rental yield stands at 19.98% on a $348,862 basis. Equity gained on principal adds $2,251/yr, and 5% annual appreciation accumulates to $96,384 by year five. Five-year ROI measures 298.14% and total cumulative return in cash reaches $344,789. For financing, Ziffy Mortgage’s DSCR program evaluates $5,808/mo property income against a $1,708/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
0.99 Acres lot
$N/A/sqft
$87 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49010, Allegan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,995 (100%) |
| Owner Occupied HU | 5,834 (73.0%) |
| Renter Occupied HU | 1,343 (16.8%) |
| Vacant Housing Units | 818 (10.2%) |
| Median Home Value | $253,605 |
| Average Home Value | $286,559 |
Housing Distribution
Address Breakdown
Residential
7,618
Single Family
7,132
Multi-Family
486
Businesses
470
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
