699 E Tennyson AvePontiacMI48340
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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 Pontiac at 699 E Tennyson Ave, Pontiac, MI, 48340 offers $1,388/mo rent that, after a $871/mo payment, leaves $214/mo cash flow. Total monthly income is $1,388/mo, and annual cash flow is $2,573/yr on $59,007 cash. Return on cash invested measures 24.27% in year one, and rental yield stands at 9.36% at a $178,000 entry. Equity gained on principal adds $1,149/yr while 5% annual appreciation compounds into $49,178 by year five. Five-year ROI records 126.82% and total cumulative return in cash reaches $74,833. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,388/mo property income versus a $871/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1926
10,629 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48340, Pontiac, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,064 (100%) |
| Owner Occupied HU | 4,425 (40.0%) |
| Renter Occupied HU | 5,949 (53.8%) |
| Vacant Housing Units | 690 ( 6.2%) |
| Median Home Value | $96,169 |
| Average Home Value | $168,314 |
Housing Distribution
Address Breakdown
Residential
10,626
Single Family
10,106
Multi-Family
520
Businesses
398
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