Snow Ave SE #5E5GPXAltoMI49302
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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 Snow Ave SE #5E5GPX, Alto, MI, 49302 listed at $529,500 pairs $4,301/mo rent with a $2,592/mo payment to leave $809/mo cash flow. Total monthly income runs $4,301/mo, and annual cash flow reaches $9,706/yr on $174,206 cash to close. Return on cash invested measures 25.63% in year one, and rental yield registers 9.75% at a $529,500 basis. Equity gained on principal adds $3,417/yr, and annual property appreciation at 5% supports $146,291 by year five. Five-year ROI tracks 134.03% and total cumulative return in cash totals $233,490. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,301/mo property income relative to a $2,592/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
N/A 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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