10201 Blyly RdWhite PigeonMI49099
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 10201 Blyly Rd, White Pigeon, MI, 49099 in White Pigeon, $465,000, 8.14% gross yield, $88/mo net income. Consider it a market-entry position, the $3,155/mo rent covers the $2,091/mo payment with a margin, and 5%/yr appreciation is projected to add $128,471 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.51) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $182,850.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 9.2% |
| Monthly Cash Flow | $88 | $530 |
City averages based on White Pigeon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,155 |
| Total Monthly Debt Service | $2,881 |
| DSCR Ratio | 1.09x |
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 1998
5.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49099, White Pigeon, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,604 (100%) |
| Owner Occupied HU | 1,846 (70.9%) |
| Renter Occupied HU | 409 (15.7%) |
| Vacant Housing Units | 349 (13.4%) |
| Median Home Value | $201,557 |
| Average Home Value | $266,752 |
Housing Distribution
Address Breakdown
Residential
2,369
Single Family
2,346
Multi-Family
23
Businesses
149
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 1998
5.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49099, White Pigeon, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,604 (100%) |
| Owner Occupied HU | 1,846 (70.9%) |
| Renter Occupied HU | 409 (15.7%) |
| Vacant Housing Units | 349 (13.4%) |
| Median Home Value | $201,557 |
| Average Home Value | $266,752 |
Housing Distribution
Address Breakdown
Residential
2,369
Single Family
2,346
Multi-Family
23
Businesses
149
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Traci Parcell • McKinnies Realty
Mls Name: MichRIC
Mls ID: #25034273