9215 Knights Ct SEAltoMI49302
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 Alto at 9215 Knights Ct SE, Alto, MI, 49302 generates $5,678/mo in rent and, after a $3,891/mo payment, leaves $436/mo in cash flow. Total monthly income is $5,678/mo, and annual cash flow is $5,226/yr on $261,555 invested. Return on cash invested sits at 22.06% in year one, and rental yield is 8.57% on a $795,000 entry. Equity gained on principal adds $5,130/yr, while 5% annual appreciation builds toward $219,644 over five years. Five-year ROI reaches 114.87% and total cumulative return in cash sums $300,454. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,678/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
1.75 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
