18538 Dogwood LnFraserMI48026
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 18538 Dogwood Ln, Fraser, MI, 48026 in Fraser at $298,000 earns $2,155/mo in rent and nets $190/mo after the $1,340/mo payment, a 8.68% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $82,332 over five years. Ziffy Mortgage underwrites this on a 1.61 DSCR without U.S. credit history. With $2,745/yr in principal paydown, total projected return reaches $125,755.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 7.0% |
| Monthly Cash Flow | $190 | $150 |
City averages based on Fraser market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,155 |
| Total Monthly Debt Service | $1,847 |
| DSCR Ratio | 1.17x |
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 1962
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48026, Fraser, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,453 (100%) |
| Owner Occupied HU | 4,624 (71.7%) |
| Renter Occupied HU | 1,687 (26.1%) |
| Vacant Housing Units | 142 ( 2.2%) |
| Median Home Value | $217,434 |
| Average Home Value | $243,374 |
Housing Distribution
Address Breakdown
Residential
6,372
Single Family
5,658
Multi-Family
714
Businesses
679
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 1962
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48026, Fraser, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,453 (100%) |
| Owner Occupied HU | 4,624 (71.7%) |
| Renter Occupied HU | 1,687 (26.1%) |
| Vacant Housing Units | 142 ( 2.2%) |
| Median Home Value | $217,434 |
| Average Home Value | $243,374 |
Housing Distribution
Address Breakdown
Residential
6,372
Single Family
5,658
Multi-Family
714
Businesses
679
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices