11236 Byers RdEllsworthMI49729
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Ellsworth rentals match the income profile of 11236 Byers Rd, Ellsworth, MI, 49729. Listed at $420,000, gross rent is $4,513/mo and net cash flow is $1,744/mo, a 12.89% yield well above national averages. DSCR 2.39 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $116,038 by year five with $3,868/yr in annual principal reduction, projecting $272,149 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.9% | 6.0% |
| Monthly Cash Flow | $1,744 | $850 |
City averages based on Ellsworth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,513 |
| Total Monthly Debt Service | $2,603 |
| DSCR Ratio | 1.73x |
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
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49729, Ellsworth, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 973 (100%) |
| Owner Occupied HU | 562 (57.8%) |
| Renter Occupied HU | 84 ( 8.6%) |
| Vacant Housing Units | 327 (33.6%) |
| Median Home Value | $262,791 |
| Average Home Value | $336,001 |
Housing Distribution
Address Breakdown
Residential
587
Single Family
587
Multi-Family
0
Businesses
46
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
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49729, Ellsworth, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 973 (100%) |
| Owner Occupied HU | 562 (57.8%) |
| Renter Occupied HU | 84 ( 8.6%) |
| Vacant Housing Units | 327 (33.6%) |
| Median Home Value | $262,791 |
| Average Home Value | $336,001 |
Housing Distribution
Address Breakdown
Residential
587
Single Family
587
Multi-Family
0
Businesses
46
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices