1708 7th StMenomineeMI49858
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1708 7th St, Menominee, MI, 49858 in Menominee speaks for itself: 15.88% gross on a $229,900 price, generating $3,043/mo in rent and $1,527/mo in net income after the $1,034/mo debt service. DSCR 2.94, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $18,325 stacks alongside $63,517 in projected five-year appreciation and $2,117/yr in principal reduction. Projected total cumulative return: $185,881.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.9% | 7.0% |
| Monthly Cash Flow | $1,527 | $250 |
City averages based on Menominee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,043 |
| Total Monthly Debt Service | $1,425 |
| DSCR Ratio | 2.14x |
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 1879
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49858, Menominee, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,238 (100%) |
| Owner Occupied HU | 4,248 (68.1%) |
| Renter Occupied HU | 1,394 (22.3%) |
| Vacant Housing Units | 596 ( 9.6%) |
| Median Home Value | $148,022 |
| Average Home Value | $193,075 |
Housing Distribution
Address Breakdown
Residential
5,917
Single Family
5,464
Multi-Family
453
Businesses
429
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 1879
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49858, Menominee, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,238 (100%) |
| Owner Occupied HU | 4,248 (68.1%) |
| Renter Occupied HU | 1,394 (22.3%) |
| Vacant Housing Units | 596 ( 9.6%) |
| Median Home Value | $148,022 |
| Average Home Value | $193,075 |
Housing Distribution
Address Breakdown
Residential
5,917
Single Family
5,464
Multi-Family
453
Businesses
429
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices