21580 County Road Sm RdCornellMI49818
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.42% yield at 21580 County Road Sm Rd, Cornell, MI, 49818 in Cornell is solid, but the $510/mo payment compresses net cash flow to $143/mo at $113,500. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $31,358 by year five, and $1,045/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.75) without U.S. income documentation. Total projected return: $52,474.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.8% |
| Monthly Cash Flow | $143 | $500 |
City averages based on Cornell market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $891 |
| Total Monthly Debt Service | $703 |
| DSCR Ratio | 1.27x |
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 1973
20 Acres lot
$N/A/sqft
No HOA
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 1973
20 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: TINA MARIE GEORGE • NORTHERN MICHIGAN LAND BROKERS - ESCANABA
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50167752
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