92 E Iroquois RdPontiacMI48341
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 Pontiac at 92 E Iroquois Rd, Pontiac, MI, 48341 priced at $275,000 converts $2,315/mo rent into $502/mo cash flow after a $1,346/mo obligation. Total monthly income equals $2,315/mo, and annual cash flow totals $6,018/yr on $91,163 invested. Return on cash invested prints 26.51% in year one, and rental yield reads 10.1% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 138.81% and total cumulative return in cash sums $126,539. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,315/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 1930
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48341, Pontiac, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,240 (100%) |
| Owner Occupied HU | 3,613 (49.9%) |
| Renter Occupied HU | 3,032 (41.9%) |
| Vacant Housing Units | 595 ( 8.2%) |
| Median Home Value | $145,604 |
| Average Home Value | $223,126 |
Housing Distribution
Address Breakdown
Residential
6,790
Single Family
6,210
Multi-Family
580
Businesses
736
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices