200 Raymond StBay CityMI48706
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 200 Raymond St, Bay City, MI, 48706 in Bay City speaks for itself: 19.65% gross on a $135,000 price, generating $2,210/mo in rent and $1,320/mo in net income after the $607/mo debt service. DSCR 3.64, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $15,842 stacks alongside $37,298 in projected five-year appreciation and $1,243/yr in principal reduction. Projected total cumulative return: $136,370.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 19.7% | 7.0% |
| Monthly Cash Flow | $1,320 | $350 |
City averages based on Bay City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,210 |
| Total Monthly Debt Service | $837 |
| DSCR Ratio | 2.64x |
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 1888
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48706, Bay City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,544 (100%) |
| Owner Occupied HU | 13,819 (74.5%) |
| Renter Occupied HU | 3,586 (19.3%) |
| Vacant Housing Units | 1,139 ( 6.1%) |
| Median Home Value | $169,366 |
| Average Home Value | $211,566 |
Housing Distribution
Address Breakdown
Residential
17,819
Single Family
16,686
Multi-Family
1,133
Businesses
1,168
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 1888
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48706, Bay City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,544 (100%) |
| Owner Occupied HU | 13,819 (74.5%) |
| Renter Occupied HU | 3,586 (19.3%) |
| Vacant Housing Units | 1,139 ( 6.1%) |
| Median Home Value | $169,366 |
| Average Home Value | $211,566 |
Housing Distribution
Address Breakdown
Residential
17,819
Single Family
16,686
Multi-Family
1,133
Businesses
1,168
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Micah Guigou • Ayre Rhinehart Real Estate Partners
Mls Name: MIDMLS
Mls Provider:
Mls ID: #50177736
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.