109 Sycamore St EThree OaksMI49128
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Three Oaks rentals match the income profile of 109 Sycamore St E, Three Oaks, MI, 49128. Listed at $232,650, gross rent is $2,946/mo and net cash flow is $1,412/mo, a 15.2% yield well above national averages. DSCR 2.82 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $64,277 by year five with $2,143/yr in annual principal reduction, projecting $179,512 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.2% | 6.0% |
| Monthly Cash Flow | $1,412 | $400 |
City averages based on Three Oaks market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,946 |
| Total Monthly Debt Service | $1,442 |
| DSCR Ratio | 2.04x |
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 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49128, Three Oaks, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,088 (100%) |
| Owner Occupied HU | 1,284 (61.5%) |
| Renter Occupied HU | 234 (11.2%) |
| Vacant Housing Units | 570 (27.3%) |
| Median Home Value | $319,149 |
| Average Home Value | $402,960 |
Housing Distribution
Address Breakdown
Residential
1,742
Single Family
1,701
Multi-Family
41
Businesses
112
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 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49128, Three Oaks, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,088 (100%) |
| Owner Occupied HU | 1,284 (61.5%) |
| Renter Occupied HU | 234 (11.2%) |
| Vacant Housing Units | 570 (27.3%) |
| Median Home Value | $319,149 |
| Average Home Value | $402,960 |
Housing Distribution
Address Breakdown
Residential
1,742
Single Family
1,701
Multi-Family
41
Businesses
112
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gerald Olson • Cressy & Everett R.E. of Harbor Country
Mls Name: MichRIC
Mls Provider:
Mls ID: #25011579
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.