104 Provider StGwinnMI49841
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 104 Provider St, Gwinn, MI, 49841 in Gwinn deserves attention. This $124,000 property earns $1,595/mo in rent, a 15.43% gross yield, and nets $752/mo after the $558/mo payment. DSCR 2.86 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $34,259 compounds alongside $1,142/yr in yearly equity build, for a total cumulative return of $95,774.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.4% | 7.0% |
| Monthly Cash Flow | $752 | $900 |
City averages based on Gwinn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,595 |
| Total Monthly Debt Service | $793 |
| DSCR Ratio | 2.01x |
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 1968
4,791 sqft lot
$N/A/sqft
$25 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49841, Gwinn, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,101 (100%) |
| Owner Occupied HU | 2,051 (50.0%) |
| Renter Occupied HU | 1,197 (29.2%) |
| Vacant Housing Units | 853 (20.8%) |
| Median Home Value | $200,129 |
| Average Home Value | $233,729 |
Housing Distribution
Address Breakdown
Residential
2,917
Single Family
2,861
Multi-Family
56
Businesses
157
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 1968
4,791 sqft lot
$N/A/sqft
$25 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49841, Gwinn, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,101 (100%) |
| Owner Occupied HU | 2,051 (50.0%) |
| Renter Occupied HU | 1,197 (29.2%) |
| Vacant Housing Units | 853 (20.8%) |
| Median Home Value | $200,129 |
| Average Home Value | $233,729 |
Housing Distribution
Address Breakdown
Residential
2,917
Single Family
2,861
Multi-Family
56
Businesses
157
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: GINA FELTNER BOUWS • RE/MAX 1ST REALTY
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50177876
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.