2474 Chesapeake DrAdrianMI49221
INVESTMENT ANALYSIS
Investment Verdict
Solid Income2474 Chesapeake Dr, Adrian, MI, 49221 in Adrian is a solid income-producing rental, 9.69% gross yield, $1,978/mo rent, $363/mo net cash flow on a $244,900 buy. DSCR 1.80 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $67,661 and $2,256/yr in principal reduction project a total cumulative return of $116,683.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 8.2% |
| Monthly Cash Flow | $363 | $450 |
City averages based on Adrian market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,978 |
| Total Monthly Debt Service | $1,518 |
| DSCR Ratio | 1.30x |
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.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
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
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices