15280 Coates HwyBrethrenMI49619
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 15280 Coates Hwy, Brethren, MI, 49619 in Brethren. Priced at $295,000, it generates $2,465/mo in gross rent and $519/mo in net monthly cash flow, a 10.03% yield that comfortably supports the 1.86 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,233. Five-year appreciation: $81,503. Equity from principal paydown: $2,717/yr. Total projected cumulative return: $145,818.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 5.8% |
| Monthly Cash Flow | $519 | $450 |
City averages based on Brethren market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,465 |
| Total Monthly Debt Service | $1,828 |
| DSCR Ratio | 1.35x |
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 1999
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49619, Brethren, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 760 (100%) |
| Owner Occupied HU | 443 (58.3%) |
| Renter Occupied HU | 47 ( 6.2%) |
| Vacant Housing Units | 270 (35.5%) |
| Median Home Value | $171,976 |
| Average Home Value | $212,150 |
Housing Distribution
Address Breakdown
Residential
402
Single Family
402
Multi-Family
0
Businesses
21
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 1999
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49619, Brethren, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 760 (100%) |
| Owner Occupied HU | 443 (58.3%) |
| Renter Occupied HU | 47 ( 6.2%) |
| Vacant Housing Units | 270 (35.5%) |
| Median Home Value | $171,976 |
| Average Home Value | $212,150 |
Housing Distribution
Address Breakdown
Residential
402
Single Family
402
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
