209 W Aldrich StCapacMI48014
INVESTMENT ANALYSIS
Investment Verdict
Solid Income209 W Aldrich St, Capac, MI, 48014 in Capac earns a respectable 9.28% gross yield at $169,900, but after the $764/mo mortgage the net cash flow is $194/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.72) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $46,940 over five years, making equity the dominant return driver. Total projected return: $77,235.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.1% |
| Monthly Cash Flow | $194 | $350 |
City averages based on Capac market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,314 |
| Total Monthly Debt Service | $1,053 |
| DSCR Ratio | 1.25x |
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.
Multi Family
Built in 1900
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48014, Capac, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,740 (100%) |
| Owner Occupied HU | 1,364 (78.4%) |
| Renter Occupied HU | 281 (16.1%) |
| Vacant Housing Units | 95 ( 5.5%) |
| Median Home Value | $220,342 |
| Average Home Value | $270,343 |
Housing Distribution
Address Breakdown
Residential
1,367
Single Family
1,190
Multi-Family
177
Businesses
103
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
Multi Family
Built in 1900
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48014, Capac, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,740 (100%) |
| Owner Occupied HU | 1,364 (78.4%) |
| Renter Occupied HU | 281 (16.1%) |
| Vacant Housing Units | 95 ( 5.5%) |
| Median Home Value | $220,342 |
| Average Home Value | $270,343 |
Housing Distribution
Address Breakdown
Residential
1,367
Single Family
1,190
Multi-Family
177
Businesses
103
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices