100 & 102 S Bullock StWhittemoreMI48770
INVESTMENT ANALYSIS
Investment Verdict
Solid Income100 & 102 S Bullock St, Whittemore, MI, 48770 in Whittemore earns a respectable 9.32% gross yield at $115,000, but after the $517/mo mortgage the net cash flow is $135/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.73) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $31,772 over five years, making equity the dominant return driver. Total projected return: $52,511.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 7.0% |
| Monthly Cash Flow | $135 | $350 |
City averages based on Whittemore market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $893 |
| Total Monthly Debt Service | $713 |
| DSCR Ratio | 1.25x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1964
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48770, Whittemore, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 993 (100%) |
| Owner Occupied HU | 628 (63.2%) |
| Renter Occupied HU | 121 (12.2%) |
| Vacant Housing Units | 244 (24.6%) |
| Median Home Value | $154,452 |
| Average Home Value | $213,818 |
Housing Distribution
Address Breakdown
Residential
793
Single Family
769
Multi-Family
24
Businesses
42
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
Single Family
Built in 1964
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48770, Whittemore, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 993 (100%) |
| Owner Occupied HU | 628 (63.2%) |
| Renter Occupied HU | 121 (12.2%) |
| Vacant Housing Units | 244 (24.6%) |
| Median Home Value | $154,452 |
| Average Home Value | $213,818 |
Housing Distribution
Address Breakdown
Residential
793
Single Family
769
Multi-Family
24
Businesses
42
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NGLRMLS
Mls ID: #1942547