217 Amasa StWoodlandMI48897
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 217 Amasa St, Woodland, MI, 48897 in Woodland. At $169,900 it earns $1,505/mo in rent and distributes $384/mo to the owner after the $764/mo payment, a consistent 10.63% yield. DSCR 1.97 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $46,940 in value; $1,565/yr in principal paydown compounds ownership stake. Total projected return: $89,523.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.0% |
| Monthly Cash Flow | $384 | $320 |
City averages based on Woodland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,505 |
| Total Monthly Debt Service | $1,053 |
| DSCR Ratio | 1.43x |
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 1964
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48897, Woodland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 626 (100%) |
| Owner Occupied HU | 504 (80.5%) |
| Renter Occupied HU | 82 (13.1%) |
| Vacant Housing Units | 40 ( 6.4%) |
| Median Home Value | $264,796 |
| Average Home Value | $351,429 |
Housing Distribution
Address Breakdown
Residential
570
Single Family
555
Multi-Family
15
Businesses
28
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 1964
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48897, Woodland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 626 (100%) |
| Owner Occupied HU | 504 (80.5%) |
| Renter Occupied HU | 82 (13.1%) |
| Vacant Housing Units | 40 ( 6.4%) |
| Median Home Value | $264,796 |
| Average Home Value | $351,429 |
Housing Distribution
Address Breakdown
Residential
570
Single Family
555
Multi-Family
15
Businesses
28
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices