Snow Ave SE #UF9YPAAltoMI49302
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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 #UF9YPA, Alto, MI, 49302 offers $3,487/mo rent that, after a $2,131/mo payment, leaves $616/mo cash flow. Total monthly income is $3,487/mo, and annual cash flow is $7,390/yr on $144,335 cash. Return on cash invested measures 25.03% in year one, and rental yield stands at 9.61% at a $435,400 entry. Equity gained on principal adds $2,810/yr while 5% annual appreciation compounds into $120,293 by year five. Five-year ROI records 130.82% and total cumulative return in cash reaches $188,814. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,487/mo property income versus a $2,131/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and 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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