50 Wayne 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 50 Wayne St, Pontiac, MI, 48342 earns from $1,169/mo rent with a $8,761/mo payment. Total monthly income totals $1,169/mo. ROI tracks -1.64% on current figures, and rental yield reads 0.78% at a $1,790,000 purchase. Equity gained on principal adds $11,551/yr, and 5% annual appreciation supports $494,544 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,169/mo property income instead of your personal income.
Multi Family
Built in 1920
0.39 Acres 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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