1747 Maple Rdg APT 15HaslettMI48840
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1747 Maple Rdg APT 15, Haslett, MI, 48840 in Haslett carries a 1.68 coverage ratio, rent of $847/mo is 1.68 times the $503/mo payment. Rental yield 9.08%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $111,900 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $30,916; total projected cumulative return: $34,789.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 7.0% |
| Monthly Cash Flow | $(139) | $1,200 |
City averages based on Haslett market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $847 |
| Total Monthly Debt Service | $941 |
| DSCR Ratio | 0.90x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 1974
N/A lot
$N/A/sqft
$248 monthly 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
Condo
Built in 1974
N/A lot
$N/A/sqft
$248 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gary R. Newton • RE/MAX Real Estate Professionals
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #285988
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