19275 Coates HwyBrethrenMI49619
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder19275 Coates Hwy, Brethren, MI, 49619 in Brethren is a stable, well-positioned rental at $299,900. Rental yield 7.6%. DSCR 1.41 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $82,857 in value and $2,762/yr in principal paydown builds equity, a total projected return of $109,123.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 5.8% |
| Monthly Cash Flow | $(79) | $450 |
City averages based on Brethren market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,898 |
| Total Monthly Debt Service | $1,858 |
| DSCR Ratio | 1.02x |
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.
Manufactured
Built in 1994
14.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49619, Brethren, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 760 (100%) |
| Owner Occupied HU | 443 (58.3%) |
| Renter Occupied HU | 47 ( 6.2%) |
| Vacant Housing Units | 270 (35.5%) |
| Median Home Value | $171,976 |
| Average Home Value | $212,150 |
Housing Distribution
Address Breakdown
Residential
402
Single Family
402
Multi-Family
0
Businesses
21
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
Manufactured
Built in 1994
14.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49619, Brethren, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 760 (100%) |
| Owner Occupied HU | 443 (58.3%) |
| Renter Occupied HU | 47 ( 6.2%) |
| Vacant Housing Units | 270 (35.5%) |
| Median Home Value | $171,976 |
| Average Home Value | $212,150 |
Housing Distribution
Address Breakdown
Residential
402
Single Family
402
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeffrey Wagner • Coldwell Banker Schmidt-Cadillac
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1934972
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.