Snow Ave SE #AY0DVUAltoMI49302
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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 #AY0DVU, Alto, MI, 49302 uses $144,567 cash to close to unlock $7,532/yr annual cash flow and $628/mo monthly cash flow. Total monthly income runs $3,503/mo, and a $2,134/mo payment keeps the spread at $628/mo. Purchase price stands at $436,100, and rental yield measures 9.64% with $3,503/mo rent. Return on cash invested shows 25.12% in year one, and 5% annual appreciation builds toward $120,486 over five years. Five-year ROI reaches 131.32% and total cumulative return in cash records $189,850. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,503/mo property income covering a $2,134/mo payment rather than investor’s personal income.
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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