3155 Summers RdKeego HarborMI48320
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 3155 Summers Rd, Keego Harbor, MI, 48320 in Keego Harbor deserves attention. This $444,000 property earns $5,164/mo in rent, a 13.96% gross yield, and nets $2,009/mo after the $1,997/mo payment. DSCR 2.59 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $122,669 compounds alongside $4,089/yr in yearly equity build, for a total cumulative return of $299,422.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14% | 8.1% |
| Monthly Cash Flow | $2,009 | $350 |
City averages based on Keego Harbor market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,164 |
| Total Monthly Debt Service | $2,978 |
| DSCR Ratio | 1.73x |
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 2007
4,000 sqft lot
$N/A/sqft
$105 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48320, Keego Harbor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,351 (100%) |
| Owner Occupied HU | 1,538 (65.4%) |
| Renter Occupied HU | 598 (25.4%) |
| Vacant Housing Units | 215 ( 9.1%) |
| Median Home Value | $370,560 |
| Average Home Value | $551,053 |
Housing Distribution
Address Breakdown
Residential
2,076
Single Family
1,877
Multi-Family
199
Businesses
389
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 2007
4,000 sqft lot
$N/A/sqft
$105 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48320, Keego Harbor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,351 (100%) |
| Owner Occupied HU | 1,538 (65.4%) |
| Renter Occupied HU | 598 (25.4%) |
| Vacant Housing Units | 215 ( 9.1%) |
| Median Home Value | $370,560 |
| Average Home Value | $551,053 |
Housing Distribution
Address Breakdown
Residential
2,076
Single Family
1,877
Multi-Family
199
Businesses
389
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices