3055 W Lakeside DrWest BranchMI48661
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 3055 W Lakeside Dr, West Branch, MI, 48661 in West Branch: $3,197/mo in rent, $1,054/mo net, 11.8% gross yield, all on a $325,000 acquisition. The 2.19 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $89,792 in value, and $2,993/yr in principal paydown steadily builds equity. Projected total cumulative return: $191,682.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 8.0% |
| Monthly Cash Flow | $1,054 | $200 |
City averages based on West Branch market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,197 |
| Total Monthly Debt Service | $2,014 |
| DSCR Ratio | 1.59x |
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 1969
10,018 sqft 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
Single Family
Built in 1969
10,018 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: BRENT CHURCH • MORRIS-RICHARDSON RE
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1925225
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.