Snow Ave SE #5YF4YTAltoMI49302
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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 Alto at Snow Ave SE #5YF4YT, Alto, MI, 49302 priced at $484,400 pairs $3,943/mo rent with $749/mo cash flow after a $2,371/mo payment. Total monthly income equals $3,943/mo, and annual cash flow comes to $8,982/yr on $160,579 invested. Return on cash invested is 25.5% in year one, and rental yield stands at 9.77% on a $484,400 basis. Equity gained on principal adds $3,126/yr, and 5% annual appreciation accumulates to $133,831 by year five. Five-year ROI measures 133.38% and total cumulative return in cash reaches $214,182. For financing, Ziffy Mortgage’s DSCR program evaluates $3,943/mo property income against a $2,371/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
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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