12703 Ospreys WayDewittMI48820
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 12703 Ospreys Way, Dewitt, MI, 48820 in Dewitt. Priced at $589,900, it generates $6,604/mo in gross rent and $2,676/mo in net monthly cash flow, a 13.43% yield that comfortably supports the 2.49 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $32,112. Five-year appreciation: $162,978. Equity from principal paydown: $5,433/yr. Total projected cumulative return: $397,084.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.4% | 7.1% |
| Monthly Cash Flow | $2,676 | $400 |
City averages based on Dewitt market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,604 |
| Total Monthly Debt Service | $3,693 |
| DSCR Ratio | 1.79x |
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 2013
0.42 Acres lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48820, Dewitt, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,301 (100%) |
| Owner Occupied HU | 5,996 (82.1%) |
| Renter Occupied HU | 1,100 (15.1%) |
| Vacant Housing Units | 205 ( 2.8%) |
| Median Home Value | $350,447 |
| Average Home Value | $373,130 |
Housing Distribution
Address Breakdown
Residential
7,660
Single Family
6,974
Multi-Family
686
Businesses
447
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 2013
0.42 Acres lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48820, Dewitt, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,301 (100%) |
| Owner Occupied HU | 5,996 (82.1%) |
| Renter Occupied HU | 1,100 (15.1%) |
| Vacant Housing Units | 205 ( 2.8%) |
| Median Home Value | $350,447 |
| Average Home Value | $373,130 |
Housing Distribution
Address Breakdown
Residential
7,660
Single Family
6,974
Multi-Family
686
Businesses
447
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices