15854 Mill StGardenMI49835
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow15854 Mill St, Garden, MI, 49835 in Garden is a top-tier cash-flow asset. At $168,500 it produces $2,172/mo in rent and $1,042/mo in net monthly income, a 15.47% gross rental yield. The DSCR of 2.87 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $12,504. Five-year appreciation adds $46,553, driving a total cumulative return of $131,315.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.5% | 6.0% |
| Monthly Cash Flow | $1,042 | $400 |
City averages based on Garden market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,172 |
| Total Monthly Debt Service | $1,063 |
| DSCR Ratio | 2.04x |
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 1977
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49835, Garden, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 644 (100%) |
| Owner Occupied HU | 359 (55.7%) |
| Renter Occupied HU | 26 ( 4.0%) |
| Vacant Housing Units | 259 (40.2%) |
| Median Home Value | $174,202 |
| Average Home Value | $209,276 |
Housing Distribution
Address Breakdown
Residential
321
Single Family
321
Multi-Family
0
Businesses
23
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 1977
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49835, Garden, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 644 (100%) |
| Owner Occupied HU | 359 (55.7%) |
| Renter Occupied HU | 26 ( 4.0%) |
| Vacant Housing Units | 259 (40.2%) |
| Median Home Value | $174,202 |
| Average Home Value | $209,276 |
Housing Distribution
Address Breakdown
Residential
321
Single Family
321
Multi-Family
0
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices