310C Wintergreen Dr UNIT 12460-310CThompsonvilleMI49683
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 310C Wintergreen Dr UNIT 12460-310C, Thompsonville, MI, 49683 in Thompsonville is the 1.73 coverage ratio: rent of $2,339/mo versus a $1,349/mo debt payment on a $299,900 property. Rental yield 9.36%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $82,857 by year five, with $2,762/yr in equity from paydown. Total projected cumulative return: $107,515.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.4% |
| Monthly Cash Flow | $(139) | $250 |
City averages based on Thompsonville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,339 |
| Total Monthly Debt Service | $2,358 |
| DSCR Ratio | 0.99x |
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.
Condo
Built in 2004
N/A lot
$N/A/sqft
$6,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49683, Thompsonville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,674 (100%) |
| Owner Occupied HU | 872 (52.1%) |
| Renter Occupied HU | 101 ( 6.0%) |
| Vacant Housing Units | 701 (41.9%) |
| Median Home Value | $252,381 |
| Average Home Value | $312,893 |
Housing Distribution
Address Breakdown
Residential
1,090
Single Family
1,090
Multi-Family
0
Businesses
32
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 2004
N/A lot
$N/A/sqft
$6,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49683, Thompsonville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,674 (100%) |
| Owner Occupied HU | 872 (52.1%) |
| Renter Occupied HU | 101 ( 6.0%) |
| Vacant Housing Units | 701 (41.9%) |
| Median Home Value | $252,381 |
| Average Home Value | $312,893 |
Housing Distribution
Address Breakdown
Residential
1,090
Single Family
1,090
Multi-Family
0
Businesses
32
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices