343 E Main StPewamoMI48873
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow343 E Main St, Pewamo, MI, 48873 in Pewamo is a top-tier cash-flow asset. At $199,000 it produces $3,401/mo in rent and $2,088/mo in net monthly income, a 20.51% gross rental yield. The DSCR of 3.80 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $25,062. Five-year appreciation adds $54,980, driving a total cumulative return of $210,222.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 20.5% | 6.3% |
| Monthly Cash Flow | $2,088 | $650 |
City averages based on Pewamo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,401 |
| Total Monthly Debt Service | $1,233 |
| DSCR Ratio | 2.76x |
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 1975
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48873, Pewamo, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 593 (100%) |
| Owner Occupied HU | 492 (83.0%) |
| Renter Occupied HU | 67 (11.3%) |
| Vacant Housing Units | 34 ( 5.7%) |
| Median Home Value | $244,656 |
| Average Home Value | $301,001 |
Housing Distribution
Address Breakdown
Residential
498
Single Family
486
Multi-Family
12
Businesses
22
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 1975
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48873, Pewamo, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 593 (100%) |
| Owner Occupied HU | 492 (83.0%) |
| Renter Occupied HU | 67 (11.3%) |
| Vacant Housing Units | 34 ( 5.7%) |
| Median Home Value | $244,656 |
| Average Home Value | $301,001 |
Housing Distribution
Address Breakdown
Residential
498
Single Family
486
Multi-Family
12
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices