4900 Foss RdAkronMI48701
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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 Akron at 4900 Foss Rd, Akron, MI, 48701 uses $64,377 cash to close to unlock $6,922/yr annual cash flow and $577/mo monthly cash flow. Total monthly income runs $1,858/mo, and a $951/mo payment keeps the spread at $577/mo. Purchase price stands at $194,200, and rental yield measures 11.48% with $1,858/mo rent. Return on cash invested shows 30.66% in year one, and 5% annual appreciation builds toward $53,654 over five years. Five-year ROI reaches 161.03% and total cumulative return in cash records $103,667. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,858/mo property income covering a $951/mo payment rather than investor’s personal income.
Single Family
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48701, Akron, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 673 (100%) |
| Owner Occupied HU | 481 (71.5%) |
| Renter Occupied HU | 105 (15.6%) |
| Vacant Housing Units | 87 (12.9%) |
| Median Home Value | $134,773 |
| Average Home Value | $185,281 |
Housing Distribution
Address Breakdown
Residential
498
Single Family
498
Multi-Family
0
Businesses
26
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