1928 S 35th StGalesburgMI49053
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1928 S 35th St, Galesburg, MI, 49053 in Galesburg speaks for itself: 13.73% gross on a $155,000 price, generating $2,003/mo in rent and $849/mo in net income after the $697/mo debt service. DSCR 2.87, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,188 stacks alongside $42,824 in projected five-year appreciation and $1,428/yr in principal reduction. Projected total cumulative return: $122,190.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.7% | 7.0% |
| Monthly Cash Flow | $849 | $350 |
City averages based on Galesburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,003 |
| Total Monthly Debt Service | $960 |
| DSCR Ratio | 2.09x |
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 1965
3.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49053, Galesburg, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,870 (100%) |
| Owner Occupied HU | 2,333 (81.3%) |
| Renter Occupied HU | 434 (15.1%) |
| Vacant Housing Units | 103 ( 3.6%) |
| Median Home Value | $281,479 |
| Average Home Value | $302,628 |
Housing Distribution
Address Breakdown
Residential
2,852
Single Family
2,741
Multi-Family
111
Businesses
159
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 1965
3.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49053, Galesburg, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,870 (100%) |
| Owner Occupied HU | 2,333 (81.3%) |
| Renter Occupied HU | 434 (15.1%) |
| Vacant Housing Units | 103 ( 3.6%) |
| Median Home Value | $281,479 |
| Average Home Value | $302,628 |
Housing Distribution
Address Breakdown
Residential
2,852
Single Family
2,741
Multi-Family
111
Businesses
159
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices