802 Alger StHowellMI48843
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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 Howell at 802 Alger St, Howell, MI, 48843 at $250,000 posts ROI 29.31% with $649/mo cash flow from $2,298/mo rent. Total monthly income equals $2,298/mo, and annual cash flow records $7,788/yr on $82,875 to close. Return on cash invested measures 29.31% and rental yield reads 11.03% at the current $250,000. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 by year five. Five-year ROI prints 153.76% and total cumulative return in cash totals $127,426.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,298/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1910
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48843, Howell, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,156 (100%) |
| Owner Occupied HU | 15,805 (78.4%) |
| Renter Occupied HU | 3,715 (18.4%) |
| Vacant Housing Units | 636 ( 3.2%) |
| Median Home Value | $367,579 |
| Average Home Value | $397,756 |
Housing Distribution
Address Breakdown
Residential
19,681
Single Family
18,246
Multi-Family
1,435
Businesses
1,098
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Listed by: Chuck Wilks • 3DX Real Estate-Brighton
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20251009916
Disclaimer: IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2025 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. The data relating to real estate properties on this website was last updated as recently as 2025-10-31 20:58:19 PDT Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR- Lauren Buttazzoni - (313) 479-2702