6745 Chancery Dr SEAltoMI49302
Nearby investment properties with comparable rents
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 Alto at 6745 Chancery Dr SE, Alto, MI, 49302 at $539,000 posts ROI 34.37% with $2,115/mo cash flow from $5,669/mo rent. Total monthly income equals $5,669/mo, and annual cash flow records $25,376/yr on $177,331 to close. Return on cash invested measures 34.37% and rental yield reads 12.62% at the current $539,000. Equity gained on principal adds $3,478/yr, and 5% annual appreciation supports $148,916 by year five. Five-year ROI prints 180.89% and total cumulative return in cash totals $320,772.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,669/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2016
1.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49302, Alto, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,336 (100%) |
| Owner Occupied HU | 2,938 (88.1%) |
| Renter Occupied HU | 324 ( 9.7%) |
| Vacant Housing Units | 74 ( 2.2%) |
| Median Home Value | $417,829 |
| Average Home Value | $464,540 |
Housing Distribution
Address Breakdown
Residential
3,108
Single Family
3,108
Multi-Family
0
Businesses
107
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