5096 Oden RdAlansonMI49706
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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
Rental property for sale in Alanson at 5096 Oden Rd, Alanson, MI, 49706 priced at $950,000 converts $3,845/mo rent into after a $4,650/mo obligation. Total monthly income equals $3,845/mo. Return on cash invested prints 10.77% in year one, and rental yield reads 4.86% against a $950,000 entry. Equity gained on principal adds $6,130/yr, while 5% annual appreciation compiles into $262,467 by year five. Five-year ROI reaches 54.32% and total cumulative return in cash sums $169,790. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,845/mo property income covering a $4,650/mo payment, not borrower’s personal income.
Single Family
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49706, Alanson, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,866 (100%) |
| Owner Occupied HU | 1,803 (62.9%) |
| Renter Occupied HU | 350 (12.2%) |
| Vacant Housing Units | 713 (24.9%) |
| Median Home Value | $256,041 |
| Average Home Value | $303,078 |
Housing Distribution
Address Breakdown
Residential
2,070
Single Family
2,040
Multi-Family
30
Businesses
97
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