Snow Ave SE #T0NJHVAltoMI49302
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
Investment property for sale in Alto at Snow Ave SE #T0NJHV, Alto, MI, 49302 with 5% annual appreciation on a $513,300 basis while $4,202/mo rent supports operations. Total monthly income totals $4,202/mo and a $2,512/mo payment preserves $817/mo for cash returns. Annual cash flow comes to $9,809/yr on $168,876 deployed, and return on cash invested reaches 25.87% in year one. Equity gained on principal adds $3,312/yr, and five-year appreciation sums $141,815 alongside rental yield of 9.82%. Five-year ROI measures 135.31% and total cumulative return in cash totals $228,511.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,202/mo property income versus a $2,512/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices