1359 Pointe DrGaylordMI49735
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 1359 Pointe Dr, Gaylord, MI, 49735 in Gaylord worth study. Rental yield 4.23%. The 4.23% gross yield is below cash-flow benchmarks at $709,000, but 5% annual appreciation, adding $195,884 over five years, frames this as a capital growth position. Rent of $2,502/mo partially offsets the $3,188/mo payment. Ziffy Mortgage finances appreciation-play properties (0.78 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $130,241.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.2% | 6.0% |
| Monthly Cash Flow | $(2,173) | $750 |
City averages based on Gaylord market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,502 |
| Total Monthly Debt Service | $4,393 |
| DSCR Ratio | 0.57x |
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 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49735, Gaylord, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,592 (100%) |
| Owner Occupied HU | 6,690 (57.7%) |
| Renter Occupied HU | 2,091 (18.0%) |
| Vacant Housing Units | 2,811 (24.2%) |
| Median Home Value | $227,968 |
| Average Home Value | $262,810 |
Housing Distribution
Address Breakdown
Residential
9,514
Single Family
8,967
Multi-Family
547
Businesses
768
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 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49735, Gaylord, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,592 (100%) |
| Owner Occupied HU | 6,690 (57.7%) |
| Renter Occupied HU | 2,091 (18.0%) |
| Vacant Housing Units | 2,811 (24.2%) |
| Median Home Value | $227,968 |
| Average Home Value | $262,810 |
Housing Distribution
Address Breakdown
Residential
9,514
Single Family
8,967
Multi-Family
547
Businesses
768
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
