11376 220th AveReed CityMI49677
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 11376 220th Ave, Reed City, MI, 49677 in Reed City at $347,000, 5.44% gross yield, is a market-growth asset. Rental yield 5.44%. The $1,574/mo rent partially funds the $1,560/mo debt service; the core return is the 5%/yr price growth projected to add $95,870 over five years. Ziffy Mortgage's DSCR mortgage (1.01) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $86,286.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.4% | 6.0% |
| Monthly Cash Flow | $(714) | $450 |
City averages based on Reed City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,574 |
| Total Monthly Debt Service | $2,150 |
| DSCR Ratio | 0.73x |
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 1980
33.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49677, Reed City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,264 (100%) |
| Owner Occupied HU | 2,110 (64.6%) |
| Renter Occupied HU | 620 (19.0%) |
| Vacant Housing Units | 534 (16.4%) |
| Median Home Value | $150,676 |
| Average Home Value | $194,569 |
Housing Distribution
Address Breakdown
Residential
2,875
Single Family
2,714
Multi-Family
161
Businesses
240
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 1980
33.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49677, Reed City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,264 (100%) |
| Owner Occupied HU | 2,110 (64.6%) |
| Renter Occupied HU | 620 (19.0%) |
| Vacant Housing Units | 534 (16.4%) |
| Median Home Value | $150,676 |
| Average Home Value | $194,569 |
Housing Distribution
Address Breakdown
Residential
2,875
Single Family
2,714
Multi-Family
161
Businesses
240
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
