7902 Hem StAlansonMI49706
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
Rental property for sale in Alanson at 7902 Hem St, Alanson, MI, 49706 offers $3,803/mo rent that, after a $1,297/mo payment, leaves $2,056/mo cash flow. Total monthly income is $3,803/mo, and annual cash flow is $24,666/yr on $87,848 cash. Return on cash invested measures 47.99% in year one, and rental yield stands at 17.22% at a $265,000 entry. Equity gained on principal adds $1,710/yr while 5% annual appreciation compounds into $73,215 by year five. Five-year ROI records 253.96% and total cumulative return in cash reaches $223,095. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,803/mo property income versus a $1,297/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A 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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