1193 Liberty StMuirMI48860
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 1193 Liberty St, Muir, MI, 48860 in Muir. Rental yield 5.69%. At $289,900 with 5.69% gross yield, current distributions are modest, but the 5% appreciation rate projects $80,094 in new equity by year five, complemented by $2,670/yr in principal paydown. Ziffy Mortgage's DSCR loan (1.05) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $71,352.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.7% | 6.0% |
| Monthly Cash Flow | $(613) | $900 |
City averages based on Muir market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,374 |
| Total Monthly Debt Service | $1,871 |
| 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 2024
0.46 Acres lot
$N/A/sqft
$225 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48860, Muir, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 556 (100%) |
| Owner Occupied HU | 425 (76.4%) |
| Renter Occupied HU | 102 (18.3%) |
| Vacant Housing Units | 29 ( 5.2%) |
| Median Home Value | $223,106 |
| Average Home Value | $238,271 |
Housing Distribution
Address Breakdown
Residential
545
Single Family
507
Multi-Family
38
Businesses
13
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 2024
0.46 Acres lot
$N/A/sqft
$225 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48860, Muir, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 556 (100%) |
| Owner Occupied HU | 425 (76.4%) |
| Renter Occupied HU | 102 (18.3%) |
| Vacant Housing Units | 29 ( 5.2%) |
| Median Home Value | $223,106 |
| Average Home Value | $238,271 |
Housing Distribution
Address Breakdown
Residential
545
Single Family
507
Multi-Family
38
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices