2971 Weaver RdCominsMI48619
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 4.43% gross rental yield, 2971 Weaver Rd, Comins, MI, 48619 in Comins is priced for capital growth, not immediate cash flow. The $520,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $143,666 by year five, with $4,789/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.82) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $100,866.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.4% | 6.0% |
| Monthly Cash Flow | $(1,512) | $250 |
City averages based on Comins market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,918 |
| Total Monthly Debt Service | $3,222 |
| DSCR Ratio | 0.60x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1971
242.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48619, Comins, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 499 (100%) |
| Owner Occupied HU | 220 (44.1%) |
| Renter Occupied HU | 30 ( 6.0%) |
| Vacant Housing Units | 249 (49.9%) |
| Median Home Value | $240,000 |
| Average Home Value | $261,761 |
Housing Distribution
Address Breakdown
Residential
187
Single Family
186
Multi-Family
1
Businesses
18
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 1971
242.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48619, Comins, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 499 (100%) |
| Owner Occupied HU | 220 (44.1%) |
| Renter Occupied HU | 30 ( 6.0%) |
| Vacant Housing Units | 249 (49.9%) |
| Median Home Value | $240,000 |
| Average Home Value | $261,761 |
Housing Distribution
Address Breakdown
Residential
187
Single Family
186
Multi-Family
1
Businesses
18
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Liz Horford • RE/MAX Real Estate Professionals
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #288689
Disclaimer: IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2025 Greater Lansing Association of REALTORS