10410 Le Grande Blvd LOT 98Fair HavenMI48023
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Fair Haven rentals match the income profile of 10410 Le Grande Blvd LOT 98, Fair Haven, MI, 48023. Listed at $173,000, gross rent is $2,064/mo and net cash flow is $923/mo, a 14.32% yield well above national averages. DSCR 2.65 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $47,797 by year five with $1,593/yr in annual principal reduction, projecting $125,293 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.3% | 7.0% |
| Monthly Cash Flow | $923 | $800 |
City averages based on Fair Haven market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,064 |
| Total Monthly Debt Service | $1,072 |
| DSCR Ratio | 1.93x |
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.
Manufactured
Built in 2019
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48023, Fair Haven, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,368 (100%) |
| Owner Occupied HU | 1,730 (73.1%) |
| Renter Occupied HU | 417 (17.6%) |
| Vacant Housing Units | 221 ( 9.3%) |
| Median Home Value | $326,971 |
| Average Home Value | $367,487 |
Housing Distribution
Address Breakdown
Residential
2,203
Single Family
2,203
Multi-Family
0
Businesses
160
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
Manufactured
Built in 2019
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48023, Fair Haven, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,368 (100%) |
| Owner Occupied HU | 1,730 (73.1%) |
| Renter Occupied HU | 417 (17.6%) |
| Vacant Housing Units | 221 ( 9.3%) |
| Median Home Value | $326,971 |
| Average Home Value | $367,487 |
Housing Distribution
Address Breakdown
Residential
2,203
Single Family
2,203
Multi-Family
0
Businesses
160
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A