142 Ringneck LnBuckleyMI49620
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 142 Ringneck Ln, Buckley, MI, 49620 in Buckley deserves attention. This $339,500 property earns $4,398/mo in rent, a 15.55% gross yield, and nets $2,159/mo after the $1,527/mo payment. DSCR 2.88 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $93,798 compounds alongside $3,127/yr in yearly equity build, for a total cumulative return of $268,251.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.6% | 7.0% |
| Monthly Cash Flow | $2,159 | $850 |
City averages based on Buckley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,398 |
| Total Monthly Debt Service | $2,104 |
| DSCR Ratio | 2.09x |
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
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49620, Buckley, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,181 (100%) |
| Owner Occupied HU | 933 (79.0%) |
| Renter Occupied HU | 139 (11.8%) |
| Vacant Housing Units | 109 ( 9.2%) |
| Median Home Value | $256,773 |
| Average Home Value | $295,761 |
Housing Distribution
Address Breakdown
Residential
1,020
Single Family
1,020
Multi-Family
0
Businesses
57
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
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49620, Buckley, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,181 (100%) |
| Owner Occupied HU | 933 (79.0%) |
| Renter Occupied HU | 139 (11.8%) |
| Vacant Housing Units | 109 ( 9.2%) |
| Median Home Value | $256,773 |
| Average Home Value | $295,761 |
Housing Distribution
Address Breakdown
Residential
1,020
Single Family
1,020
Multi-Family
0
Businesses
57
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices