16944 Us Highway 12UnionMI49130
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 16944 Us Highway 12, Union, MI, 49130 in Union deserves attention. This $192,200 property earns $2,077/mo in rent, a 12.97% gross yield, and nets $810/mo after the $864/mo payment. DSCR 2.40 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $53,101 compounds alongside $1,770/yr in yearly equity build, for a total cumulative return of $125,369.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13% | 7.4% |
| Monthly Cash Flow | $810 | $150 |
City averages based on Union market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,077 |
| Total Monthly Debt Service | $1,191 |
| DSCR Ratio | 1.74x |
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 1875
7.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49130, Union, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 957 (100%) |
| Owner Occupied HU | 621 (64.9%) |
| Renter Occupied HU | 102 (10.7%) |
| Vacant Housing Units | 234 (24.5%) |
| Median Home Value | $323,786 |
| Average Home Value | $405,310 |
Housing Distribution
Address Breakdown
Residential
910
Single Family
910
Multi-Family
0
Businesses
58
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 1875
7.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49130, Union, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 957 (100%) |
| Owner Occupied HU | 621 (64.9%) |
| Renter Occupied HU | 102 (10.7%) |
| Vacant Housing Units | 234 (24.5%) |
| Median Home Value | $323,786 |
| Average Home Value | $405,310 |
Housing Distribution
Address Breakdown
Residential
910
Single Family
910
Multi-Family
0
Businesses
58
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices