1963 Vaughn RdNational CityMI48748
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 1963 Vaughn Rd, National City, MI, 48748 in National City earns a 11.9% gross yield at $144,900. Rent of $1,436/mo nets $481/mo after the $652/mo mortgage. The 2.20 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $40,033 and $1,335/yr in equity accumulation project a total cumulative return of $86,101.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 6.2% |
| Monthly Cash Flow | $481 | $350 |
City averages based on National City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,436 |
| Total Monthly Debt Service | $898 |
| DSCR Ratio | 1.60x |
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 1976
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48748, National City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,925 (100%) |
| Owner Occupied HU | 763 (39.6%) |
| Renter Occupied HU | 84 ( 4.4%) |
| Vacant Housing Units | 1,078 (56.0%) |
| Median Home Value | $194,477 |
| Average Home Value | $231,294 |
Housing Distribution
Address Breakdown
Residential
1,041
Single Family
1,041
Multi-Family
0
Businesses
20
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 1976
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48748, National City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,925 (100%) |
| Owner Occupied HU | 763 (39.6%) |
| Renter Occupied HU | 84 ( 4.4%) |
| Vacant Housing Units | 1,078 (56.0%) |
| Median Home Value | $194,477 |
| Average Home Value | $231,294 |
Housing Distribution
Address Breakdown
Residential
1,041
Single Family
1,041
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laura Kendall • TAWAS SUNSHINE REALTY
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1935706
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.