8550 Garbow Ct SEAltoMI49302
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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 Alto at 8550 Garbow Ct SE, Alto, MI, 49302 earns $196/mo cash flow from $4,746/mo rent with a $3,377/mo payment. Total monthly income totals $4,746/mo, and annual cash flow totals $2,352/yr on $227,010 capital. ROI tracks 21.1% on current figures, and rental yield reads 8.25% at a $690,000 purchase. Equity gained on principal adds $4,452/yr, and 5% annual appreciation supports $190,634 over five years. Five-year ROI reaches 109.7% and total cumulative return in cash sums $249,032. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,746/mo property income instead of your personal income.
Single Family
Built in 1996
1.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49302, Alto, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,336 (100%) |
| Owner Occupied HU | 2,938 (88.1%) |
| Renter Occupied HU | 324 ( 9.7%) |
| Vacant Housing Units | 74 ( 2.2%) |
| Median Home Value | $417,829 |
| Average Home Value | $464,540 |
Housing Distribution
Address Breakdown
Residential
3,108
Single Family
3,108
Multi-Family
0
Businesses
107
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