3549 D RdBark RiverMI49807
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Bark River rentals match the income profile of 3549 D Rd, Bark River, MI, 49807. Listed at $248,000, gross rent is $2,189/mo and net cash flow is $553/mo, a 10.59% yield well above national averages. DSCR 1.96 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $68,518 by year five with $2,284/yr in annual principal reduction, projecting $130,145 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 7.0% |
| Monthly Cash Flow | $553 | $200 |
City averages based on Bark River market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,189 |
| Total Monthly Debt Service | $1,537 |
| DSCR Ratio | 1.42x |
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 1900
80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49807, Bark River, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,622 (100%) |
| Owner Occupied HU | 1,230 (75.8%) |
| Renter Occupied HU | 138 ( 8.5%) |
| Vacant Housing Units | 254 (15.7%) |
| Median Home Value | $187,500 |
| Average Home Value | $206,982 |
Housing Distribution
Address Breakdown
Residential
1,415
Single Family
1,385
Multi-Family
30
Businesses
48
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 1900
80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49807, Bark River, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,622 (100%) |
| Owner Occupied HU | 1,230 (75.8%) |
| Renter Occupied HU | 138 ( 8.5%) |
| Vacant Housing Units | 254 (15.7%) |
| Median Home Value | $187,500 |
| Average Home Value | $206,982 |
Housing Distribution
Address Breakdown
Residential
1,415
Single Family
1,385
Multi-Family
30
Businesses
48
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: JACOB HANSEN • PREMIER REAL ESTATE, INC.
Mls Name: Upper Peninsula AOR
Mls ID: #50186903