23868 200th AveTustinMI49688
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow23868 200th Ave, Tustin, MI, 49688 in Tustin earns its strong cash-flow label: 13.24% yield, $5,518/mo rent, $2,221/mo net income, DSCR 2.45. The $499,900 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 $138,113 by year five. Combined with $4,604/yr in principal paydown, total projected return reaches $333,414.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.2% | 6.1% |
| Monthly Cash Flow | $2,221 | $450 |
City averages based on Tustin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,518 |
| Total Monthly Debt Service | $3,098 |
| DSCR Ratio | 1.78x |
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 1992
21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49688, Tustin, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,286 (100%) |
| Owner Occupied HU | 934 (72.6%) |
| Renter Occupied HU | 102 ( 7.9%) |
| Vacant Housing Units | 250 (19.4%) |
| Median Home Value | $202,395 |
| Average Home Value | $251,229 |
Housing Distribution
Address Breakdown
Residential
1,037
Single Family
1,037
Multi-Family
0
Businesses
48
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 1992
21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49688, Tustin, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,286 (100%) |
| Owner Occupied HU | 934 (72.6%) |
| Renter Occupied HU | 102 ( 7.9%) |
| Vacant Housing Units | 250 (19.4%) |
| Median Home Value | $202,395 |
| Average Home Value | $251,229 |
Housing Distribution
Address Breakdown
Residential
1,037
Single Family
1,037
Multi-Family
0
Businesses
48
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices