1046 Cleaver RdCaroMI48723
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 1046 Cleaver Rd, Caro, MI, 48723 in Caro. Priced at $149,900, it generates $2,275/mo in gross rent and $1,287/mo in net monthly cash flow, a 18.21% yield that comfortably supports the 3.38 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $15,440. Five-year appreciation: $41,415. Equity from principal paydown: $1,381/yr. Total projected cumulative return: $139,943.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.2% | 7.0% |
| Monthly Cash Flow | $1,287 | $350 |
City averages based on Caro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,275 |
| Total Monthly Debt Service | $929 |
| DSCR Ratio | 2.45x |
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 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48723, Caro, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,270 (100%) |
| Owner Occupied HU | 3,730 (70.8%) |
| Renter Occupied HU | 1,083 (20.6%) |
| Vacant Housing Units | 457 ( 8.7%) |
| Median Home Value | $147,264 |
| Average Home Value | $179,741 |
Housing Distribution
Address Breakdown
Residential
5,078
Single Family
4,873
Multi-Family
205
Businesses
460
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 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48723, Caro, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,270 (100%) |
| Owner Occupied HU | 3,730 (70.8%) |
| Renter Occupied HU | 1,083 (20.6%) |
| Vacant Housing Units | 457 ( 8.7%) |
| Median Home Value | $147,264 |
| Average Home Value | $179,741 |
Housing Distribution
Address Breakdown
Residential
5,078
Single Family
4,873
Multi-Family
205
Businesses
460
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices