973 Kettering AvePontiacMI48340
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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 973 Kettering Ave, Pontiac, MI, 48340 generates $762/mo in rent and, after a $489/mo payment, leaves $103/mo in cash flow. Total monthly income is $762/mo, and annual cash flow is $1,236/yr on $33,150 invested. Return on cash invested sits at 23.64% in year one, and rental yield is 9.14% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 123.34% and total cumulative return in cash sums $40,888. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $762/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48340, Pontiac, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,064 (100%) |
| Owner Occupied HU | 4,425 (40.0%) |
| Renter Occupied HU | 5,949 (53.8%) |
| Vacant Housing Units | 690 ( 6.2%) |
| Median Home Value | $96,169 |
| Average Home Value | $168,314 |
Housing Distribution
Address Breakdown
Residential
10,626
Single Family
10,106
Multi-Family
520
Businesses
398
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