13376 State Highway M64BerglandMI49910
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 13376 State Highway M64, Bergland, MI, 49910 in Bergland is capital appreciation. Rental yield 5.09%. The 5.09% gross yield at $395,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $109,131 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.94) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $90,612.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.1% | 8.0% |
| Monthly Cash Flow | $(931) | $350 |
City averages based on Bergland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,674 |
| Total Monthly Debt Service | $2,448 |
| DSCR Ratio | 0.68x |
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 N/A
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49910, Bergland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 431 (100%) |
| Owner Occupied HU | 179 (41.5%) |
| Renter Occupied HU | 23 ( 5.3%) |
| Vacant Housing Units | 229 (53.1%) |
| Median Home Value | $253,676 |
| Average Home Value | $240,168 |
Housing Distribution
Address Breakdown
Residential
43
Single Family
43
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 N/A
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49910, Bergland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 431 (100%) |
| Owner Occupied HU | 179 (41.5%) |
| Renter Occupied HU | 23 ( 5.3%) |
| Vacant Housing Units | 229 (53.1%) |
| Median Home Value | $253,676 |
| Average Home Value | $240,168 |
Housing Distribution
Address Breakdown
Residential
43
Single Family
43
Multi-Family
0
Businesses
26
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: MICHELLE GARSOW • CENTURY 21 BURKETT - LOL
Mls Name: GNMLS
Mls Provider:
Mls ID: #213135
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.