4893 N Winans 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 4893 N Winans Rd, Alma, MI, 48801 uses $51,383 cash to close to unlock $1,710/yr annual cash flow and $143/mo monthly cash flow. Total monthly income runs $1,165/mo, and a $759/mo payment keeps the spread at $143/mo. Purchase price stands at $155,000, and rental yield measures 9.02% with $1,165/mo rent. Return on cash invested shows 23.24% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 121.29% and total cumulative return in cash records $62,320. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,165/mo property income covering a $759/mo payment rather than investor’s personal income.
Single Family
Built in 1890
2.96 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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