126 Cutler StNorth AdamsMI49262
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew North Adams rentals match the income profile of 126 Cutler St, North Adams, MI, 49262. Listed at $235,000, gross rent is $2,062/mo and net cash flow is $512/mo, a 10.53% yield well above national averages. DSCR 1.95 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $64,926 by year five with $2,164/yr in annual principal reduction, projecting $122,492 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 8.0% |
| Monthly Cash Flow | $512 | $120 |
City averages based on North Adams market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,062 |
| Total Monthly Debt Service | $1,456 |
| DSCR Ratio | 1.42x |
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 2007
1.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49262, North Adams, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 588 (100%) |
| Owner Occupied HU | 443 (75.3%) |
| Renter Occupied HU | 90 (15.3%) |
| Vacant Housing Units | 55 ( 9.4%) |
| Median Home Value | $165,441 |
| Average Home Value | $217,494 |
Housing Distribution
Address Breakdown
Residential
480
Single Family
480
Multi-Family
0
Businesses
26
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 2007
1.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49262, North Adams, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 588 (100%) |
| Owner Occupied HU | 443 (75.3%) |
| Renter Occupied HU | 90 (15.3%) |
| Vacant Housing Units | 55 ( 9.4%) |
| Median Home Value | $165,441 |
| Average Home Value | $217,494 |
Housing Distribution
Address Breakdown
Residential
480
Single Family
480
Multi-Family
0
Businesses
26
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christie M Plemmons • Christie Plemmons Realty
Mls Name: MichRIC
Mls Provider:
Mls ID: #25003997
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.