230 S Abbe RdFairviewMI48621
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing230 S Abbe Rd, Fairview, MI, 48621 in Fairview is a stable, well-positioned rental at $750,000. Rental yield 6.55%. DSCR 1.21 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $207,211 in value and $6,908/yr in principal paydown builds equity, a total projected return of $230,908.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 7.0% |
| Monthly Cash Flow | $(852) | $1,200 |
City averages based on Fairview market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,094 |
| Total Monthly Debt Service | $4,647 |
| DSCR Ratio | 0.88x |
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 1960
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48621, Fairview, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 853 (100%) |
| Owner Occupied HU | 490 (57.4%) |
| Renter Occupied HU | 113 (13.2%) |
| Vacant Housing Units | 250 (29.3%) |
| Median Home Value | $152,778 |
| Average Home Value | $199,454 |
Housing Distribution
Address Breakdown
Residential
495
Single Family
439
Multi-Family
56
Businesses
41
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 1960
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48621, Fairview, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 853 (100%) |
| Owner Occupied HU | 490 (57.4%) |
| Renter Occupied HU | 113 (13.2%) |
| Vacant Housing Units | 250 (29.3%) |
| Median Home Value | $152,778 |
| Average Home Value | $199,454 |
Housing Distribution
Address Breakdown
Residential
495
Single Family
439
Multi-Family
56
Businesses
41
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ruth Anne Clemens • CB Schmidt Houghton Lake
Mls Name: WWMLS
Mls Provider:
Mls ID: #201832069
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