2300 19TH STREETMenomineeMI49858
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow2300 19TH STREET, Menominee, MI, 49858 in Menominee earns its strong cash-flow label: 10.29% yield, $3,001/mo rent, $634/mo net income, DSCR 1.91. The $349,900 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $96,671 by year five. Combined with $3,223/yr in principal paydown, total projected return reaches $174,394.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 7.0% |
| Monthly Cash Flow | $634 | $250 |
City averages based on Menominee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,001 |
| Total Monthly Debt Service | $2,228 |
| DSCR Ratio | 1.35x |
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 2001
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49858, Menominee, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,238 (100%) |
| Owner Occupied HU | 4,248 (68.1%) |
| Renter Occupied HU | 1,394 (22.3%) |
| Vacant Housing Units | 596 ( 9.6%) |
| Median Home Value | $148,022 |
| Average Home Value | $193,075 |
Housing Distribution
Address Breakdown
Residential
5,917
Single Family
5,464
Multi-Family
453
Businesses
429
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 2001
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49858, Menominee, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,238 (100%) |
| Owner Occupied HU | 4,248 (68.1%) |
| Renter Occupied HU | 1,394 (22.3%) |
| Vacant Housing Units | 596 ( 9.6%) |
| Median Home Value | $148,022 |
| Average Home Value | $193,075 |
Housing Distribution
Address Breakdown
Residential
5,917
Single Family
5,464
Multi-Family
453
Businesses
429
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen Kloida • Broadway Real Estate
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #50306789
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.