3190 Tobias RdElmiraMI49730
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 3190 Tobias Rd, Elmira, MI, 49730 in Elmira. Priced at $199,900, it generates $3,937/mo in gross rent and $2,619/mo in net monthly cash flow, a 23.64% yield that comfortably supports the 4.38 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $31,428. Five-year appreciation: $55,229. Equity from principal paydown: $1,841/yr. Total projected cumulative return: $244,706.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 23.6% | 5.0% |
| Monthly Cash Flow | $2,619 | $900 |
City averages based on Elmira market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,937 |
| Total Monthly Debt Service | $1,239 |
| DSCR Ratio | 3.18x |
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 N/A
2.50 Acres lot
$N/A/sqft
No HOA
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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 N/A
2.50 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices