35 S Crimson WayEmpireMI49630
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Empire rentals match the income profile of 35 S Crimson Way, Empire, MI, 49630. Listed at $159,000, gross rent is $4,638/mo and net cash flow is $3,548/mo, a 35% yield well above national averages. DSCR 6.49 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $43,929 by year five with $1,464/yr in annual principal reduction, projecting $289,091 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 35% | 6.0% |
| Monthly Cash Flow | $3,548 | $800 |
City averages based on Empire market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,638 |
| Total Monthly Debt Service | $1,027 |
| DSCR Ratio | 4.52x |
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.
Lot
Built in N/A
0.84 Acres lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49630, Empire, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,334 (100%) |
| Owner Occupied HU | 639 (47.9%) |
| Renter Occupied HU | 62 ( 4.6%) |
| Vacant Housing Units | 633 (47.5%) |
| Median Home Value | $446,333 |
| Average Home Value | $573,091 |
Housing Distribution
Address Breakdown
Residential
727
Single Family
727
Multi-Family
0
Businesses
76
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
Lot
Built in N/A
0.84 Acres lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49630, Empire, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,334 (100%) |
| Owner Occupied HU | 639 (47.9%) |
| Renter Occupied HU | 62 ( 4.6%) |
| Vacant Housing Units | 633 (47.5%) |
| Median Home Value | $446,333 |
| Average Home Value | $573,091 |
Housing Distribution
Address Breakdown
Residential
727
Single Family
727
Multi-Family
0
Businesses
76
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
