126 Flagpoint AveRoscommonMI48653
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing126 Flagpoint Ave, Roscommon, MI, 48653 in Roscommon is a stable, well-positioned rental at $310,000. Rental yield 6.62%. DSCR 1.23 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $85,647 in value and $2,855/yr in principal paydown builds equity, a total projected return of $96,636.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 6.2% |
| Monthly Cash Flow | $(333) | $650 |
City averages based on Roscommon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,711 |
| Total Monthly Debt Service | $1,921 |
| DSCR Ratio | 0.89x |
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.
Condo
Built in N/A
2.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48653, Roscommon, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,279 (100%) |
| Owner Occupied HU | 4,207 (40.9%) |
| Renter Occupied HU | 576 ( 5.6%) |
| Vacant Housing Units | 5,496 (53.5%) |
| Median Home Value | $191,323 |
| Average Home Value | $270,341 |
Housing Distribution
Address Breakdown
Residential
5,750
Single Family
5,638
Multi-Family
112
Businesses
285
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
Condo
Built in N/A
2.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48653, Roscommon, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,279 (100%) |
| Owner Occupied HU | 4,207 (40.9%) |
| Renter Occupied HU | 576 ( 5.6%) |
| Vacant Housing Units | 5,496 (53.5%) |
| Median Home Value | $191,323 |
| Average Home Value | $270,341 |
Housing Distribution
Address Breakdown
Residential
5,750
Single Family
5,638
Multi-Family
112
Businesses
285
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The McDonald Team • RE/MAX of Higgins Lake
Mls Name: WWMLS
Mls Provider:
Mls ID: #201836167
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