404 Herbert StBlanchardMI49310
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 404 Herbert St, Blanchard, MI, 49310 in Blanchard is straightforward: $147,200 in, $1,320/mo in rent, $349/mo out after debt service. The 10.76% gross yield and 1.99 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $40,669 by year five. With $1,356/yr in principal equity, the total cumulative return is projected at $78,565.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.0% |
| Monthly Cash Flow | $349 | $850 |
City averages based on Blanchard market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,320 |
| Total Monthly Debt Service | $912 |
| DSCR Ratio | 1.45x |
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 N/A
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49310, Blanchard, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,234 (100%) |
| Owner Occupied HU | 1,009 (81.8%) |
| Renter Occupied HU | 112 ( 9.1%) |
| Vacant Housing Units | 113 ( 9.2%) |
| Median Home Value | $195,192 |
| Average Home Value | $230,580 |
Housing Distribution
Address Breakdown
Residential
1,109
Single Family
1,109
Multi-Family
0
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 N/A
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49310, Blanchard, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,234 (100%) |
| Owner Occupied HU | 1,009 (81.8%) |
| Renter Occupied HU | 112 ( 9.1%) |
| Vacant Housing Units | 113 ( 9.2%) |
| Median Home Value | $195,192 |
| Average Home Value | $230,580 |
Housing Distribution
Address Breakdown
Residential
1,109
Single Family
1,109
Multi-Family
0
Businesses
48
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices