81 Monterey StPontiacMI48342
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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 81 Monterey St, Pontiac, MI, 48342 priced at $145,000 converts $1,090/mo rent into $134/mo cash flow after a $710/mo obligation. Total monthly income equals $1,090/mo, and annual cash flow totals $1,602/yr on $48,068 invested. Return on cash invested prints 23.24% in year one, and rental yield reads 9.02% against a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation compiles into $40,061 by year five. Five-year ROI reaches 121.32% and total cumulative return in cash sums $58,316. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,090/mo property income covering a $710/mo payment, not borrower’s personal income.
Single Family
Built in 1955
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48342, Pontiac, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,410 (100%) |
| Owner Occupied HU | 3,374 (40.1%) |
| Renter Occupied HU | 4,344 (51.7%) |
| Vacant Housing Units | 692 ( 8.2%) |
| Median Home Value | $85,725 |
| Average Home Value | $154,378 |
Housing Distribution
Address Breakdown
Residential
7,253
Single Family
6,421
Multi-Family
832
Businesses
575
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