16330 Pretty Lake DrMecostaMI49332
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 16330 Pretty Lake Dr, Mecosta, MI, 49332 in Mecosta speaks for itself: 21.38% gross on a $154,900 price, generating $2,760/mo in rent and $1,739/mo in net income after the $697/mo debt service. DSCR 3.96, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $20,862 stacks alongside $42,796 in projected five-year appreciation and $1,427/yr in principal reduction. Projected total cumulative return: $170,877.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 21.4% | 8.0% |
| Monthly Cash Flow | $1,739 | $350 |
City averages based on Mecosta market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,760 |
| Total Monthly Debt Service | $960 |
| DSCR Ratio | 2.88x |
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 1988
5.57 Acres 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
Manufactured
Built in 1988
5.57 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices