15065 Ferden RdOakleyMI48649
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 15065 Ferden Rd, Oakley, MI, 48649 in Oakley is straightforward: $275,000 in, $2,046/mo in rent, $233/mo out after debt service. The 8.93% gross yield and 1.65 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $75,977 by year five. With $2,533/yr in principal equity, the total cumulative return is projected at $119,727.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 7.2% |
| Monthly Cash Flow | $233 | $300 |
City averages based on Oakley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,046 |
| Total Monthly Debt Service | $1,704 |
| DSCR Ratio | 1.20x |
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.
Manufactured
Built in 2000
1.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48649, Oakley, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 812 (100%) |
| Owner Occupied HU | 667 (82.1%) |
| Renter Occupied HU | 109 (13.4%) |
| Vacant Housing Units | 36 ( 4.4%) |
| Median Home Value | $204,529 |
| Average Home Value | $242,279 |
Housing Distribution
Address Breakdown
Residential
620
Single Family
620
Multi-Family
0
Businesses
24
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
Manufactured
Built in 2000
1.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48649, Oakley, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 812 (100%) |
| Owner Occupied HU | 667 (82.1%) |
| Renter Occupied HU | 109 (13.4%) |
| Vacant Housing Units | 36 ( 4.4%) |
| Median Home Value | $204,529 |
| Average Home Value | $242,279 |
Housing Distribution
Address Breakdown
Residential
620
Single Family
620
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: CAROL PERRY • Michigan Homes & Real Estate LLC
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50178198
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