107 Victoria AveRocklandMI49960
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 107 Victoria Ave, Rockland, MI, 49960 in Rockland hard to pass up. The 17.44% gross yield on a $155,000 purchase results in $2,252/mo in rent and $1,230/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (3.23). Annual cash flow of $14,763, five-year appreciation of $42,824, and $1,428/yr in equity build-up combine for a projected total cumulative return of $138,210.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17.4% | 7.5% |
| Monthly Cash Flow | $1,230 | $350 |
City averages based on Rockland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,252 |
| Total Monthly Debt Service | $960 |
| DSCR Ratio | 2.34x |
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 N/A
1.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49960, Rockland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 131 (100%) |
| Owner Occupied HU | 60 (45.8%) |
| Renter Occupied HU | 10 ( 7.6%) |
| Vacant Housing Units | 61 (46.6%) |
| Median Home Value | $92,727 |
| Average Home Value | $117,500 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
11
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 N/A
1.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49960, Rockland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 131 (100%) |
| Owner Occupied HU | 60 (45.8%) |
| Renter Occupied HU | 10 ( 7.6%) |
| Vacant Housing Units | 61 (46.6%) |
| Median Home Value | $92,727 |
| Average Home Value | $117,500 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
11
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: KEVIN PATANA • NORTHERN MICHIGAN LAND BROKERS - H
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50173653
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.