3389 N Van Dyke RdFilionMI48432
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 3389 N Van Dyke Rd, Filion, MI, 48432 in Filion is straightforward: $224,900 in, $1,787/mo in rent, $304/mo out after debt service. The 9.53% gross yield and 1.77 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $62,136 by year five. With $2,071/yr in principal equity, the total cumulative return is projected at $105,267.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.8% |
| Monthly Cash Flow | $304 | $250 |
City averages based on Filion market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,787 |
| Total Monthly Debt Service | $1,394 |
| DSCR Ratio | 1.28x |
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 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48432, Filion, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 368 (100%) |
| Owner Occupied HU | 309 (84.0%) |
| Renter Occupied HU | 28 ( 7.6%) |
| Vacant Housing Units | 31 ( 8.4%) |
| Median Home Value | $175,735 |
| Average Home Value | $224,498 |
Housing Distribution
Address Breakdown
Residential
272
Single Family
272
Multi-Family
0
Businesses
5
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 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48432, Filion, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 368 (100%) |
| Owner Occupied HU | 309 (84.0%) |
| Renter Occupied HU | 28 ( 7.6%) |
| Vacant Housing Units | 31 ( 8.4%) |
| Median Home Value | $175,735 |
| Average Home Value | $224,498 |
Housing Distribution
Address Breakdown
Residential
272
Single Family
272
Multi-Family
0
Businesses
5
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices