222 N Summit StWebbervilleMI48892
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 222 N Summit St, Webberville, MI, 48892 in Webberville is a conservative rental investment at $238,000. Rental yield 6.04%. A 1.12 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $65,755; $2,192/yr in principal paydown supplements. Total projected return: $66,861.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6% | 6.2% |
| Monthly Cash Flow | $(371) | $450 |
City averages based on Webberville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,199 |
| Total Monthly Debt Service | $1,475 |
| DSCR Ratio | 0.81x |
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 1976
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48892, Webberville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,774 (100%) |
| Owner Occupied HU | 1,466 (82.6%) |
| Renter Occupied HU | 239 (13.5%) |
| Vacant Housing Units | 69 ( 3.9%) |
| Median Home Value | $261,180 |
| Average Home Value | $335,373 |
Housing Distribution
Address Breakdown
Residential
1,672
Single Family
1,672
Multi-Family
0
Businesses
84
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 1976
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48892, Webberville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,774 (100%) |
| Owner Occupied HU | 1,466 (82.6%) |
| Renter Occupied HU | 239 (13.5%) |
| Vacant Housing Units | 69 ( 3.9%) |
| Median Home Value | $261,180 |
| Average Home Value | $335,373 |
Housing Distribution
Address Breakdown
Residential
1,672
Single Family
1,672
Multi-Family
0
Businesses
84
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tracy Johnson • BHHS Heritage Real Estate
Mls Name: Realcomp II
Mls ID: #20261005296