13721 Sumpter RdCarletonMI48117
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 13721 Sumpter Rd, Carleton, MI, 48117 in Carleton speaks for itself: 22.58% gross on a $149,900 price, generating $2,820/mo in rent and $1,784/mo in net income after the $674/mo debt service. DSCR 4.18, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $21,411 stacks alongside $41,415 in projected five-year appreciation and $1,381/yr in principal reduction. Projected total cumulative return: $172,139.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 22.6% | 7.5% |
| Monthly Cash Flow | $1,784 | $350 |
City averages based on Carleton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,820 |
| Total Monthly Debt Service | $976 |
| DSCR Ratio | 2.89x |
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 2005
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48117, Carleton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,502 (100%) |
| Owner Occupied HU | 3,873 (86.0%) |
| Renter Occupied HU | 391 ( 8.7%) |
| Vacant Housing Units | 238 ( 5.3%) |
| Median Home Value | $324,962 |
| Average Home Value | $366,736 |
Housing Distribution
Address Breakdown
Residential
4,262
Single Family
4,193
Multi-Family
69
Businesses
187
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 2005
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48117, Carleton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,502 (100%) |
| Owner Occupied HU | 3,873 (86.0%) |
| Renter Occupied HU | 391 ( 8.7%) |
| Vacant Housing Units | 238 ( 5.3%) |
| Median Home Value | $324,962 |
| Average Home Value | $366,736 |
Housing Distribution
Address Breakdown
Residential
4,262
Single Family
4,193
Multi-Family
69
Businesses
187
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices