107 North StPinconningMI48650
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder107 North St, Pinconning, MI, 48650 in Pinconning is a stable, well-positioned rental at $305,000. Rental yield 7.43%. DSCR 1.38 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $84,266 in value and $2,809/yr in principal paydown builds equity, a total projected return of $108,302.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 8.0% |
| Monthly Cash Flow | $(124) | $150 |
City averages based on Pinconning market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,888 |
| Total Monthly Debt Service | $1,890 |
| DSCR Ratio | 1.00x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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
1.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48650, Pinconning, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,103 (100%) |
| Owner Occupied HU | 2,482 (80.0%) |
| Renter Occupied HU | 374 (12.1%) |
| Vacant Housing Units | 247 ( 8.0%) |
| Median Home Value | $160,024 |
| Average Home Value | $188,405 |
Housing Distribution
Address Breakdown
Residential
2,967
Single Family
2,941
Multi-Family
26
Businesses
168
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
1.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48650, Pinconning, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,103 (100%) |
| Owner Occupied HU | 2,482 (80.0%) |
| Renter Occupied HU | 374 (12.1%) |
| Vacant Housing Units | 247 ( 8.0%) |
| Median Home Value | $160,024 |
| Average Home Value | $188,405 |
Housing Distribution
Address Breakdown
Residential
2,967
Single Family
2,941
Multi-Family
26
Businesses
168
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MiRealSource
Mls ID: #50205661