139 W 5th AveReed CityMI49677
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 139 W 5th Ave, Reed City, MI, 49677 in Reed City hard to pass up. The 11.92% gross yield on a $239,900 purchase results in $2,383/mo in rent and $801/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.10). Annual cash flow of $9,614, five-year appreciation of $66,280, and $2,011/yr in equity build-up combine for a projected total cumulative return of $138,483.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 6.0% |
| Monthly Cash Flow | $801 | $450 |
City averages based on Reed City market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,383 |
| Total Monthly Debt Service | $1,545 |
| DSCR Ratio | 1.54x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1883
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49677, Reed City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,264 (100%) |
| Owner Occupied HU | 2,110 (64.6%) |
| Renter Occupied HU | 620 (19.0%) |
| Vacant Housing Units | 534 (16.4%) |
| Median Home Value | $150,676 |
| Average Home Value | $194,569 |
Housing Distribution
Address Breakdown
Residential
2,875
Single Family
2,714
Multi-Family
161
Businesses
240
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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
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Nearby investment properties with comparable prices
