2182 Park CirKeego HarborMI48320
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 2182 Park Cir, Keego Harbor, MI, 48320 in Keego Harbor offers a clean, manageable entry. Rental yield 6.43%. DSCR 1.19 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $175,991 in additional property value over five years, with $5,867/yr in principal equity building ownership stake. Total projected cumulative return: $192,170.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.4% | 8.1% |
| Monthly Cash Flow | $(785) | $350 |
City averages based on Keego Harbor market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,415 |
| Total Monthly Debt Service | $3,947 |
| DSCR Ratio | 0.87x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1954
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48320, Keego Harbor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,351 (100%) |
| Owner Occupied HU | 1,538 (65.4%) |
| Renter Occupied HU | 598 (25.4%) |
| Vacant Housing Units | 215 ( 9.1%) |
| Median Home Value | $370,560 |
| Average Home Value | $551,053 |
Housing Distribution
Address Breakdown
Residential
2,076
Single Family
1,877
Multi-Family
199
Businesses
389
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 1954
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48320, Keego Harbor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,351 (100%) |
| Owner Occupied HU | 1,538 (65.4%) |
| Renter Occupied HU | 598 (25.4%) |
| Vacant Housing Units | 215 ( 9.1%) |
| Median Home Value | $370,560 |
| Average Home Value | $551,053 |
Housing Distribution
Address Breakdown
Residential
2,076
Single Family
1,877
Multi-Family
199
Businesses
389
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Corinne Madias • Keller Williams Advantage
Mls Name: Realcomp II
Mls ID: #20251025283