114 ChippewaPort SanilacMI48469
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 114 Chippewa, Port Sanilac, MI, 48469 in Port Sanilac earns a 10.16% gross yield at $157,900. Rent of $1,337/mo nets $296/mo after the $710/mo mortgage. The 1.88 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $43,625 and $1,454/yr in equity accumulation project a total cumulative return of $79,198.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 7.5% |
| Monthly Cash Flow | $296 | $300 |
City averages based on Port Sanilac market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,337 |
| Total Monthly Debt Service | $978 |
| DSCR Ratio | 1.37x |
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 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48469, Port Sanilac, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,063 (100%) |
| Owner Occupied HU | 561 (52.8%) |
| Renter Occupied HU | 99 ( 9.3%) |
| Vacant Housing Units | 403 (37.9%) |
| Median Home Value | $259,940 |
| Average Home Value | $336,689 |
Housing Distribution
Address Breakdown
Residential
657
Single Family
633
Multi-Family
24
Businesses
70
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 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48469, Port Sanilac, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,063 (100%) |
| Owner Occupied HU | 561 (52.8%) |
| Renter Occupied HU | 99 ( 9.3%) |
| Vacant Housing Units | 403 (37.9%) |
| Median Home Value | $259,940 |
| Average Home Value | $336,689 |
Housing Distribution
Address Breakdown
Residential
657
Single Family
633
Multi-Family
24
Businesses
70
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laura A. Bartolomucci • Archie Thomas Real Estate
Mls Name: RMLS Multi-List
Mls ID: #018-25-0009