730 N River AveAlmaMI48801
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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 Alma at 730 N River Ave, Alma, MI, 48801 offers $1,117/mo rent that, after a $722/mo payment, leaves $144/mo cash flow. Total monthly income is $1,117/mo, and annual cash flow is $1,731/yr on $48,896 cash. Return on cash invested measures 23.45% in year one, and rental yield stands at 9.09% at a $147,500 entry. Equity gained on principal adds $952/yr while 5% annual appreciation compounds into $40,752 by year five. Five-year ROI records 122.44% and total cumulative return in cash reaches $59,869. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,117/mo property income versus a $722/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
4,356 sqft 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
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