25540 Upper StCalumetMI49913
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 25540 Upper St, Calumet, MI, 49913 in Calumet earns a 9.19% gross yield at $275,000. Rent of $2,106/mo nets $293/mo after the $1,237/mo mortgage. The 1.70 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $75,977 and $2,533/yr in equity accumulation project a total cumulative return of $123,591.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 7.5% |
| Monthly Cash Flow | $293 | $350 |
City averages based on Calumet market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,106 |
| Total Monthly Debt Service | $1,704 |
| DSCR Ratio | 1.24x |
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 1930
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49913, Calumet, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,066 (100%) |
| Owner Occupied HU | 2,453 (60.3%) |
| Renter Occupied HU | 653 (16.1%) |
| Vacant Housing Units | 960 (23.6%) |
| Median Home Value | $99,115 |
| Average Home Value | $140,171 |
Housing Distribution
Address Breakdown
Residential
3,482
Single Family
3,288
Multi-Family
194
Businesses
319
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 1930
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49913, Calumet, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,066 (100%) |
| Owner Occupied HU | 2,453 (60.3%) |
| Renter Occupied HU | 653 (16.1%) |
| Vacant Housing Units | 960 (23.6%) |
| Median Home Value | $99,115 |
| Average Home Value | $140,171 |
Housing Distribution
Address Breakdown
Residential
3,482
Single Family
3,288
Multi-Family
194
Businesses
319
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: CRYSTAL BARR BERGLUND • KELLER WILLIAMS NORTHERN MICHIGAN
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50174759
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.