410 N Main StAlmontMI48003
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
Investment property for sale in Almont at 410 N Main St, Almont, MI, 48003 at $259,500 posts ROI 39.51% with $1,405/mo cash flow from $3,116/mo rent. Total monthly income equals $3,116/mo, and annual cash flow records $16,858/yr on $86,024 to close. Return on cash invested measures 39.51% and rental yield reads 14.41% at the current $259,500. Equity gained on principal adds $1,675/yr, and 5% annual appreciation supports $71,695 by year five. Five-year ROI prints 208.47% and total cumulative return in cash totals $179,333.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,116/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
0.37 Acres 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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Nearby investment properties with comparable prices
Listed by: Karen Ruggiero • Realty Executives Home Towne Shelby
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50146354
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