244 N Maple StGwinnMI49841
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 244 N Maple St, Gwinn, MI, 49841 in Gwinn speaks for itself: 16.81% gross on a $154,900 price, generating $2,170/mo in rent and $1,148/mo in net income after the $697/mo debt service. DSCR 3.11, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $13,777 stacks alongside $42,796 in projected five-year appreciation and $1,427/yr in principal reduction. Projected total cumulative return: $132,909.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16.8% | 7.0% |
| Monthly Cash Flow | $1,148 | $900 |
City averages based on Gwinn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,170 |
| Total Monthly Debt Service | $960 |
| DSCR Ratio | 2.26x |
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 1908
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49841, Gwinn, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,101 (100%) |
| Owner Occupied HU | 2,051 (50.0%) |
| Renter Occupied HU | 1,197 (29.2%) |
| Vacant Housing Units | 853 (20.8%) |
| Median Home Value | $200,129 |
| Average Home Value | $233,729 |
Housing Distribution
Address Breakdown
Residential
2,917
Single Family
2,861
Multi-Family
56
Businesses
157
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 1908
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49841, Gwinn, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,101 (100%) |
| Owner Occupied HU | 2,051 (50.0%) |
| Renter Occupied HU | 1,197 (29.2%) |
| Vacant Housing Units | 853 (20.8%) |
| Median Home Value | $200,129 |
| Average Home Value | $233,729 |
Housing Distribution
Address Breakdown
Residential
2,917
Single Family
2,861
Multi-Family
56
Businesses
157
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices