11187 Karen D DrRomeoMI48065
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 11187 Karen D Dr, Romeo, MI, 48065 in Romeo. Priced at $189,500, it generates $1,973/mo in gross rent and $623/mo in net monthly cash flow, a 12.49% yield that comfortably supports the 2.32 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $7,478. Five-year appreciation: $52,355. Equity from principal paydown: $1,745/yr. Total projected cumulative return: $112,759.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.5% | 6.8% |
| Monthly Cash Flow | $623 | $900 |
City averages based on Romeo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,973 |
| Total Monthly Debt Service | $1,274 |
| DSCR Ratio | 1.55x |
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.
Lot
Built in N/A
2.33 Acres lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48065, Romeo, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,478 (100%) |
| Owner Occupied HU | 3,593 (80.2%) |
| Renter Occupied HU | 665 (14.9%) |
| Vacant Housing Units | 220 ( 4.9%) |
| Median Home Value | $395,519 |
| Average Home Value | $433,222 |
Housing Distribution
Address Breakdown
Residential
4,668
Single Family
4,621
Multi-Family
47
Businesses
427
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
Lot
Built in N/A
2.33 Acres lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48065, Romeo, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,478 (100%) |
| Owner Occupied HU | 3,593 (80.2%) |
| Renter Occupied HU | 665 (14.9%) |
| Vacant Housing Units | 220 ( 4.9%) |
| Median Home Value | $395,519 |
| Average Home Value | $433,222 |
Housing Distribution
Address Breakdown
Residential
4,668
Single Family
4,621
Multi-Family
47
Businesses
427
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices