7124 Chicago StAlansonMI49706
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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
Investment property for sale in Alanson at 7124 Chicago St, Alanson, MI, 49706 earns $556/mo cash flow from $2,600/mo rent with a $1,517/mo payment. Total monthly income totals $2,600/mo, and annual cash flow totals $6,674/yr on $102,732 capital. ROI tracks 26.41% on current figures, and rental yield reads 10.07% at a $309,900 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,620 over five years. Five-year ROI reaches 138.26% and total cumulative return in cash sums $142,032. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,600/mo property income instead of your personal income.
Single Family
Built in N/A
0.80 Acres 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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