318 North StBergland TownshipMI49910
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 318 North St, Bergland Township, MI, 49910 in Bergland Township. Priced at $123,600, it generates $1,367/mo in gross rent and $552/mo in net monthly cash flow, a 13.27% yield that comfortably supports the 2.46 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,621. Five-year appreciation: $34,148. Equity from principal paydown: $1,138/yr. Total projected cumulative return: $82,599.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.3% | 7.2% |
| Monthly Cash Flow | $552 | $450 |
City averages based on Bergland Township market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,367 |
| Total Monthly Debt Service | $766 |
| DSCR Ratio | 1.78x |
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 1920
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49910, Bergland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 431 (100%) |
| Owner Occupied HU | 179 (41.5%) |
| Renter Occupied HU | 23 ( 5.3%) |
| Vacant Housing Units | 229 (53.1%) |
| Median Home Value | $253,676 |
| Average Home Value | $240,168 |
Housing Distribution
Address Breakdown
Residential
43
Single Family
43
Multi-Family
0
Businesses
26
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 1920
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49910, Bergland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 431 (100%) |
| Owner Occupied HU | 179 (41.5%) |
| Renter Occupied HU | 23 ( 5.3%) |
| Vacant Housing Units | 229 (53.1%) |
| Median Home Value | $253,676 |
| Average Home Value | $240,168 |
Housing Distribution
Address Breakdown
Residential
43
Single Family
43
Multi-Family
0
Businesses
26
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: COLE BORSETH • BORSETH PROPERTIES
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50175204
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.