34075 Western Shores RdBeaver IslandMI49782
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 34075 Western Shores Rd, Beaver Island, MI, 49782 in Beaver Island worth study. Rental yield 3.72%. The 3.72% gross yield is below cash-flow benchmarks at $855,000, but 5% annual appreciation, adding $236,221 over five years, frames this as a capital growth position. Rent of $2,650/mo partially offsets the $3,845/mo payment. Ziffy Mortgage finances appreciation-play properties (0.69 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $133,412.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 3.7% | 6.2% |
| Monthly Cash Flow | $(2,989) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,650 |
| Total Monthly Debt Service | $5,298 |
| DSCR Ratio | 0.50x |
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.
Single Family
Built in 1999
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49782, Beaver Island, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 927 (100%) |
| Owner Occupied HU | 246 (26.5%) |
| Renter Occupied HU | 34 ( 3.7%) |
| Vacant Housing Units | 647 (69.8%) |
| Median Home Value | $373,585 |
| Average Home Value | $436,707 |
Housing Distribution
Address Breakdown
Residential
33
Single Family
26
Multi-Family
7
Businesses
59
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 1999
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49782, Beaver Island, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 927 (100%) |
| Owner Occupied HU | 246 (26.5%) |
| Renter Occupied HU | 34 ( 3.7%) |
| Vacant Housing Units | 647 (69.8%) |
| Median Home Value | $373,585 |
| Average Home Value | $436,707 |
Housing Distribution
Address Breakdown
Residential
33
Single Family
26
Multi-Family
7
Businesses
59
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather K Robinson-Sleutel • Bay North Realty Co.
Mls Name: Northern Michigan MLS
Mls Provider:
Mls ID: #473723
Disclaimer: Copyright Northern Michigan MLS (NM-MLSX). All rights reserved. Information is deemed reliable but not guaranteed.