100 22 Mile Rd NESand LakeMI49343
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 100 22 Mile Rd NE, Sand Lake, MI, 49343 in Sand Lake speaks for itself: 13.93% gross on a $340,000 price, generating $3,946/mo in rent and $1,703/mo in net income after the $1,529/mo debt service. DSCR 2.58, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $20,442 stacks alongside $93,936 in projected five-year appreciation and $3,131/yr in principal reduction. Projected total cumulative return: $239,147.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.9% | 9.0% |
| Monthly Cash Flow | $1,703 | $120 |
City averages based on Sand Lake market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,946 |
| Total Monthly Debt Service | $2,107 |
| DSCR Ratio | 1.87x |
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 1988
12.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49343, Sand Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,734 (100%) |
| Owner Occupied HU | 2,207 (80.7%) |
| Renter Occupied HU | 216 ( 7.9%) |
| Vacant Housing Units | 311 (11.4%) |
| Median Home Value | $283,652 |
| Average Home Value | $345,501 |
Housing Distribution
Address Breakdown
Residential
2,340
Single Family
2,310
Multi-Family
30
Businesses
73
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 1988
12.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49343, Sand Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,734 (100%) |
| Owner Occupied HU | 2,207 (80.7%) |
| Renter Occupied HU | 216 ( 7.9%) |
| Vacant Housing Units | 311 (11.4%) |
| Median Home Value | $283,652 |
| Average Home Value | $345,501 |
Housing Distribution
Address Breakdown
Residential
2,340
Single Family
2,310
Multi-Family
30
Businesses
73
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices