13085 31 Mile RdWashingtonMI48095
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow13085 31 Mile Rd, Washington, MI, 48095 in Washington is a top-tier cash-flow asset. At $257,000 it produces $2,209/mo in rent and $514/mo in net monthly income, a 10.32% gross rental yield. The DSCR of 1.91 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $6,173. Five-year appreciation adds $71,004, driving a total cumulative return of $131,012.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 9.0% |
| Monthly Cash Flow | $514 | $650 |
City averages based on Washington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,209 |
| Total Monthly Debt Service | $1,593 |
| DSCR Ratio | 1.39x |
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 1890
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48095, Washington, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,092 (100%) |
| Owner Occupied HU | 1,908 (91.2%) |
| Renter Occupied HU | 111 ( 5.3%) |
| Vacant Housing Units | 73 ( 3.5%) |
| Median Home Value | $452,250 |
| Average Home Value | $489,477 |
Housing Distribution
Address Breakdown
Residential
2,131
Single Family
2,131
Multi-Family
0
Businesses
203
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 1890
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48095, Washington, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,092 (100%) |
| Owner Occupied HU | 1,908 (91.2%) |
| Renter Occupied HU | 111 ( 5.3%) |
| Vacant Housing Units | 73 ( 3.5%) |
| Median Home Value | $452,250 |
| Average Home Value | $489,477 |
Housing Distribution
Address Breakdown
Residential
2,131
Single Family
2,131
Multi-Family
0
Businesses
203
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices