17163 Spruce Cove TrlGowenMI49326
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Gowen rentals match the income profile of 17163 Spruce Cove Trl, Gowen, MI, 49326. Listed at $149,900, gross rent is $1,760/mo and net cash flow is $755/mo, a 14.09% yield well above national averages. DSCR 2.61 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $41,415 by year five with $1,381/yr in annual principal reduction, projecting $105,779 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.1% | 6.3% |
| Monthly Cash Flow | $755 | $720 |
City averages based on Gowen market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,760 |
| Total Monthly Debt Service | $946 |
| DSCR Ratio | 1.86x |
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.
Lot
Built in N/A
1.29 Acres lot
$N/A/sqft
$200 annually 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
Lot
Built in N/A
1.29 Acres lot
$N/A/sqft
$200 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
