3442 S Herron RdHerronMI49744
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $209,900, 3442 S Herron Rd, Herron, MI, 49744 in Herron generates $1,410/mo in rent (8.06% yield) but nets only $26/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.49) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $57,992. Total projected return: $81,646.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.0% |
| Monthly Cash Flow | $26 | $250 |
City averages based on Herron market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,410 |
| Total Monthly Debt Service | $1,301 |
| DSCR Ratio | 1.08x |
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 1902
10.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49744, Herron, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 451 (100%) |
| Owner Occupied HU | 359 (79.6%) |
| Renter Occupied HU | 32 ( 7.1%) |
| Vacant Housing Units | 60 (13.3%) |
| Median Home Value | $182,661 |
| Average Home Value | $209,951 |
Housing Distribution
Address Breakdown
Residential
363
Single Family
363
Multi-Family
0
Businesses
13
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 1902
10.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49744, Herron, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 451 (100%) |
| Owner Occupied HU | 359 (79.6%) |
| Renter Occupied HU | 32 ( 7.1%) |
| Vacant Housing Units | 60 (13.3%) |
| Median Home Value | $182,661 |
| Average Home Value | $209,951 |
Housing Distribution
Address Breakdown
Residential
363
Single Family
363
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices