215 N Center StStockbridgeMI49285
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 215 N Center St, Stockbridge, MI, 49285 in Stockbridge is narrow, $52/mo net on $1,229/mo rent after the $773/mo debt service, but the property operates at break-even-plus, not a loss. At $172,000 with a 8.57% yield, the long-run equity case via 5% appreciation ($47,520 over five years) and $1,584/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.59 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $69,092.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 8.2% |
| Monthly Cash Flow | $52 | $1,200 |
City averages based on Stockbridge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,229 |
| Total Monthly Debt Service | $1,109 |
| DSCR Ratio | 1.11x |
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 1966
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49285, Stockbridge, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,328 (100%) |
| Owner Occupied HU | 1,878 (80.7%) |
| Renter Occupied HU | 330 (14.2%) |
| Vacant Housing Units | 120 ( 5.2%) |
| Median Home Value | $283,200 |
| Average Home Value | $312,280 |
Housing Distribution
Address Breakdown
Residential
2,177
Single Family
2,129
Multi-Family
48
Businesses
126
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 1966
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49285, Stockbridge, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,328 (100%) |
| Owner Occupied HU | 1,878 (80.7%) |
| Renter Occupied HU | 330 (14.2%) |
| Vacant Housing Units | 120 ( 5.2%) |
| Median Home Value | $283,200 |
| Average Home Value | $312,280 |
Housing Distribution
Address Breakdown
Residential
2,177
Single Family
2,129
Multi-Family
48
Businesses
126
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Greg Uihlein • Howard Hanna Real Estate
Mls Name: MichRIC
Mls Provider:
Mls ID: #25013724
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.