1726 N Spring StVulcanMI49892
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow1726 N Spring St, Vulcan, MI, 49892 in Vulcan earns its strong cash-flow label: 15.86% yield, $1,981/mo rent, $993/mo net income, DSCR 2.94. The $149,900 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $41,415 by year five. Combined with $1,381/yr in principal paydown, total projected return reaches $121,007.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.9% | 7.5% |
| Monthly Cash Flow | $993 | $1,000 |
City averages based on Vulcan market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,981 |
| Total Monthly Debt Service | $929 |
| DSCR Ratio | 2.13x |
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 1900
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49892, Vulcan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,378 (100%) |
| Owner Occupied HU | 847 (61.5%) |
| Renter Occupied HU | 83 ( 6.0%) |
| Vacant Housing Units | 448 (32.5%) |
| Median Home Value | $198,018 |
| Average Home Value | $234,038 |
Housing Distribution
Address Breakdown
Residential
915
Single Family
915
Multi-Family
0
Businesses
10
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 1900
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49892, Vulcan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,378 (100%) |
| Owner Occupied HU | 847 (61.5%) |
| Renter Occupied HU | 83 ( 6.0%) |
| Vacant Housing Units | 448 (32.5%) |
| Median Home Value | $198,018 |
| Average Home Value | $234,038 |
Housing Distribution
Address Breakdown
Residential
915
Single Family
915
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices