6747 N Winans RdAlmaMI48801
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 Alma at 6747 N Winans Rd, Alma, MI, 48801 uses $124,313 cash to close to unlock $27,018/yr annual cash flow and $2,252/mo monthly cash flow. Total monthly income runs $4,724/mo, and a $1,835/mo payment keeps the spread at $2,252/mo. Purchase price stands at $375,000, and rental yield measures 15.12% with $4,724/mo rent. Return on cash invested shows 41.64% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 219.93% and total cumulative return in cash records $273,399. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,724/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 1987
2.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48801, Alma, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,977 (100%) |
| Owner Occupied HU | 3,219 (64.7%) |
| Renter Occupied HU | 1,374 (27.6%) |
| Vacant Housing Units | 384 ( 7.7%) |
| Median Home Value | $135,782 |
| Average Home Value | $176,817 |
Housing Distribution
Address Breakdown
Residential
4,884
Single Family
4,551
Multi-Family
333
Businesses
504
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices