1158 Ashton LnMartinMI49070
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 1158 Ashton Ln, Martin, MI, 49070 in Martin is capital appreciation. Rental yield 5.21%. The 5.21% gross yield at $169,900 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $46,940 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.92) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $36,997.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.2% | 7.5% |
| Monthly Cash Flow | $(382) | $400 |
City averages based on Martin market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $738 |
| Total Monthly Debt Service | $1,094 |
| DSCR Ratio | 0.67x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49070, Martin, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,018 (100%) |
| Owner Occupied HU | 826 (81.1%) |
| Renter Occupied HU | 137 (13.5%) |
| Vacant Housing Units | 55 ( 5.4%) |
| Median Home Value | $249,679 |
| Average Home Value | $269,080 |
Housing Distribution
Address Breakdown
Residential
941
Single Family
941
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
