3929 S Geneva RdSaint LouisMI48880
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 3929 S Geneva Rd, Saint Louis, MI, 48880 in Saint Louis at $200,000 earns $1,368/mo in rent and nets $49/mo after the $899/mo payment, a 8.21% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $55,256 over five years. Ziffy Mortgage underwrites this on a 1.52 DSCR without U.S. credit history. With $1,842/yr in principal paydown, total projected return reaches $79,367.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 9.0% |
| Monthly Cash Flow | $49 | $180 |
City averages based on Saint Louis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,368 |
| Total Monthly Debt Service | $1,239 |
| DSCR Ratio | 1.10x |
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.
Manufactured
Built in 2006
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48880, Saint Louis, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,042 (100%) |
| Owner Occupied HU | 2,138 (70.3%) |
| Renter Occupied HU | 655 (21.5%) |
| Vacant Housing Units | 249 ( 8.2%) |
| Median Home Value | $155,172 |
| Average Home Value | $183,709 |
Housing Distribution
Address Breakdown
Residential
2,909
Single Family
2,809
Multi-Family
100
Businesses
192
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
Manufactured
Built in 2006
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48880, Saint Louis, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,042 (100%) |
| Owner Occupied HU | 2,138 (70.3%) |
| Renter Occupied HU | 655 (21.5%) |
| Vacant Housing Units | 249 ( 8.2%) |
| Median Home Value | $155,172 |
| Average Home Value | $183,709 |
Housing Distribution
Address Breakdown
Residential
2,909
Single Family
2,809
Multi-Family
100
Businesses
192
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lacey Mapes • RE/MAX of Midland
Mls Name: MIDMLS
Mls Provider:
Mls ID: #50172953
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.