413 Hemlock StKingsfordMI49802
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 413 Hemlock St, Kingsford, MI, 49802 in Kingsford. Priced at $149,000, it generates $2,348/mo in gross rent and $1,366/mo in net monthly cash flow, a 18.91% yield that comfortably supports the 3.50 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $16,390. Five-year appreciation: $41,166. Equity from principal paydown: $1,372/yr. Total projected cumulative return: $144,628.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.9% | 7.2% |
| Monthly Cash Flow | $1,366 | $150 |
City averages based on Kingsford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,348 |
| Total Monthly Debt Service | $923 |
| DSCR Ratio | 2.54x |
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 1924
0.29 Acres lot
$N/A/sqft
No HOA
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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 1924
0.29 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices