8765 Running Deer Ln 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
Total monthly income runs $4,781/mo, and a $4,307/mo payment. Purchase price stands at $879,900, and rental yield measures 6.52% with $4,781/mo rent. Return on cash invested shows 15.82% in year one, and 5% annual appreciation builds toward $243,100 over five years. Five-year ROI reaches 81.45% and total cumulative return in cash records $235,789. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,781/mo property income covering a $4,307/mo payment rather than investor’s personal income.
Single Family
Built in 2002
11.60 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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