3900 Norwood DrTrentonMI48183
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.37% yield at 3900 Norwood Dr, Trenton, MI, 48183 in Trenton is solid, but the $1,056/mo payment compresses net cash flow to $90/mo at $234,800. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $64,871 by year five, and $2,163/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.55) without U.S. income documentation. Total projected return: $95,210.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 7.0% |
| Monthly Cash Flow | $90 | $900 |
City averages based on Trenton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,638 |
| Total Monthly Debt Service | $1,455 |
| DSCR Ratio | 1.13x |
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 1956
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48183, Trenton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,677 (100%) |
| Owner Occupied HU | 13,910 (74.5%) |
| Renter Occupied HU | 4,172 (22.3%) |
| Vacant Housing Units | 595 ( 3.2%) |
| Median Home Value | $228,663 |
| Average Home Value | $252,497 |
Housing Distribution
Address Breakdown
Residential
18,671
Single Family
15,983
Multi-Family
2,688
Businesses
1,012
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 1956
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48183, Trenton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,677 (100%) |
| Owner Occupied HU | 13,910 (74.5%) |
| Renter Occupied HU | 4,172 (22.3%) |
| Vacant Housing Units | 595 ( 3.2%) |
| Median Home Value | $228,663 |
| Average Home Value | $252,497 |
Housing Distribution
Address Breakdown
Residential
18,671
Single Family
15,983
Multi-Family
2,688
Businesses
1,012
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices