230 S 5th StBurr OakMI49030
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 230 S 5th St, Burr Oak, MI, 49030 in Burr Oak: $1,528/mo in rent, $492/mo in net income, 11.68% gross yield, 2.16 DSCR, all at $157,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $43,376 in appreciation and $1,446/yr in principal paydown projects total cumulative return of $91,551.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 6.0% |
| Monthly Cash Flow | $492 | $350 |
City averages based on Burr Oak market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,528 |
| Total Monthly Debt Service | $973 |
| DSCR Ratio | 1.57x |
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 1900
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49030, Burr Oak, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,104 (100%) |
| Owner Occupied HU | 789 (71.5%) |
| Renter Occupied HU | 151 (13.7%) |
| Vacant Housing Units | 164 (14.9%) |
| Median Home Value | $166,506 |
| Average Home Value | $230,393 |
Housing Distribution
Address Breakdown
Residential
906
Single Family
906
Multi-Family
0
Businesses
36
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 1900
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49030, Burr Oak, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,104 (100%) |
| Owner Occupied HU | 789 (71.5%) |
| Renter Occupied HU | 151 (13.7%) |
| Vacant Housing Units | 164 (14.9%) |
| Median Home Value | $166,506 |
| Average Home Value | $230,393 |
Housing Distribution
Address Breakdown
Residential
906
Single Family
906
Multi-Family
0
Businesses
36
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices