6488 Alcott RdPetersburgMI49270
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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 Petersburg at 6488 Alcott Rd, Petersburg, MI, 49270 earns from $1,832/mo rent with a $2,198/mo payment. Total monthly income totals $1,832/mo. ROI tracks 10.8% on current figures, and rental yield reads 4.9% at a $449,000 purchase. Equity gained on principal adds $2,897/yr, and 5% annual appreciation supports $124,050 over five years. Five-year ROI reaches 54.54% and total cumulative return in cash sums $81,184. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,832/mo property income instead of your personal income.
Single Family
Built in 1967
17.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49270, Petersburg, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,402 (100%) |
| Owner Occupied HU | 2,100 (87.4%) |
| Renter Occupied HU | 219 ( 9.1%) |
| Vacant Housing Units | 83 ( 3.5%) |
| Median Home Value | $302,356 |
| Average Home Value | $317,695 |
Housing Distribution
Address Breakdown
Residential
2,356
Single Family
2,332
Multi-Family
24
Businesses
67
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Listed by: Robin L Heath • Key Realty One LLC - Summerfield
Mls Name: MiRealSource
Mls ID: #50184683