15590 Whippoorwill LnOcqueocMI49759
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Ocqueoc rental at 15590 Whippoorwill Ln, Ocqueoc, MI, 49759 sits in the solid-income band: 9.99% gross yield, $1,283/mo rent, $267/mo net after the $693/mo debt service, DSCR 1.85. Entry price of $154,050 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $42,561 and $1,419/yr in principal reduction bring total cumulative return to $75,894.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 6.0% |
| Monthly Cash Flow | $267 | $550 |
City averages based on Ocqueoc market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,283 |
| Total Monthly Debt Service | $955 |
| DSCR Ratio | 1.34x |
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 N/A
N/A lot
$N/A/sqft
No HOA
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 N/A
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Team Martinchek • Berkshire Hathaway HomeServices-Cheboygan
Mls Name: WWMLS
Mls Provider:
Mls ID: #201834623
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