401 E 3rd StHerseyMI49639
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow401 E 3rd St, Hersey, MI, 49639 in Hersey earns its strong cash-flow label: 26.97% yield, $3,368/mo rent, $2,380/mo net income, DSCR 5.00. The $149,900 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $41,415 by year five. Combined with $1,381/yr in principal paydown, total projected return reaches $210,275.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 27% | 7.0% |
| Monthly Cash Flow | $2,380 | $320 |
City averages based on Hersey market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,368 |
| Total Monthly Debt Service | $929 |
| DSCR Ratio | 3.63x |
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 1888
1.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49639, Hersey, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,551 (100%) |
| Owner Occupied HU | 993 (64.0%) |
| Renter Occupied HU | 166 (10.7%) |
| Vacant Housing Units | 392 (25.3%) |
| Median Home Value | $165,032 |
| Average Home Value | $201,694 |
Housing Distribution
Address Breakdown
Residential
1,108
Single Family
1,108
Multi-Family
0
Businesses
31
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 1888
1.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49639, Hersey, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,551 (100%) |
| Owner Occupied HU | 993 (64.0%) |
| Renter Occupied HU | 166 (10.7%) |
| Vacant Housing Units | 392 (25.3%) |
| Median Home Value | $165,032 |
| Average Home Value | $201,694 |
Housing Distribution
Address Breakdown
Residential
1,108
Single Family
1,108
Multi-Family
0
Businesses
31
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices