1785 Mirabeau DrOkemosMI48864
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1785 Mirabeau Dr, Okemos, MI, 48864 in Okemos speaks for itself: 10.9% gross on a $395,000 price, generating $3,587/mo in rent and $982/mo in net income after the $1,776/mo debt service. DSCR 2.02, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $11,784 stacks alongside $109,131 in projected five-year appreciation and $3,638/yr in principal reduction. Projected total cumulative return: $213,708.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 7.2% |
| Monthly Cash Flow | $982 | $450 |
City averages based on Okemos market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,587 |
| Total Monthly Debt Service | $2,448 |
| DSCR Ratio | 1.47x |
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 1977
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48864, Okemos, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,559 (100%) |
| Owner Occupied HU | 6,293 (65.8%) |
| Renter Occupied HU | 2,783 (29.1%) |
| Vacant Housing Units | 483 ( 5.1%) |
| Median Home Value | $358,401 |
| Average Home Value | $397,029 |
Housing Distribution
Address Breakdown
Residential
9,606
Single Family
8,361
Multi-Family
1,245
Businesses
850
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 1977
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48864, Okemos, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,559 (100%) |
| Owner Occupied HU | 6,293 (65.8%) |
| Renter Occupied HU | 2,783 (29.1%) |
| Vacant Housing Units | 483 ( 5.1%) |
| Median Home Value | $358,401 |
| Average Home Value | $397,029 |
Housing Distribution
Address Breakdown
Residential
9,606
Single Family
8,361
Multi-Family
1,245
Businesses
850
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices