145 Oak StFreeportMI49325
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 145 Oak St, Freeport, MI, 49325 in Freeport. Priced at $255,500, it generates $3,438/mo in gross rent and $1,753/mo in net monthly cash flow, a 16.15% yield that comfortably supports the 2.99 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $21,037. Five-year appreciation: $70,590. Equity from principal paydown: $2,353/yr. Total projected cumulative return: $210,152.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16.2% | 6.0% |
| Monthly Cash Flow | $1,753 | $550 |
City averages based on Freeport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,438 |
| Total Monthly Debt Service | $1,583 |
| DSCR Ratio | 2.17x |
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 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49325, Freeport, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 777 (100%) |
| Owner Occupied HU | 671 (86.4%) |
| Renter Occupied HU | 66 ( 8.5%) |
| Vacant Housing Units | 40 ( 5.1%) |
| Median Home Value | $300,410 |
| Average Home Value | $353,521 |
Housing Distribution
Address Breakdown
Residential
720
Single Family
720
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 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49325, Freeport, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 777 (100%) |
| Owner Occupied HU | 671 (86.4%) |
| Renter Occupied HU | 66 ( 8.5%) |
| Vacant Housing Units | 40 ( 5.1%) |
| Median Home Value | $300,410 |
| Average Home Value | $353,521 |
Housing Distribution
Address Breakdown
Residential
720
Single Family
720
Multi-Family
0
Businesses
26
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
