43674 Christopher CtCantonMI48188
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 43674 Christopher Ct, Canton, MI, 48188 in Canton achieves 1.51, rent of $1,489/mo covers the $989/mo payment 1.5x over at $220,000. Rental yield 8.12%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $60,782 over five years, with $2,026/yr in principal reduction bringing total projected return to $86,282.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 8.2% |
| Monthly Cash Flow | $(307) | $850 |
City averages based on Canton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,489 |
| Total Monthly Debt Service | $1,363 |
| DSCR Ratio | 1.09x |
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.
Condo
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48188, Canton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,500 (100%) |
| Owner Occupied HU | 14,480 (78.3%) |
| Renter Occupied HU | 3,060 (16.5%) |
| Vacant Housing Units | 960 ( 5.2%) |
| Median Home Value | $358,390 |
| Average Home Value | $374,106 |
Housing Distribution
Address Breakdown
Residential
18,094
Single Family
17,523
Multi-Family
571
Businesses
393
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
Condo
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48188, Canton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,500 (100%) |
| Owner Occupied HU | 14,480 (78.3%) |
| Renter Occupied HU | 3,060 (16.5%) |
| Vacant Housing Units | 960 ( 5.2%) |
| Median Home Value | $358,390 |
| Average Home Value | $374,106 |
Housing Distribution
Address Breakdown
Residential
18,094
Single Family
17,523
Multi-Family
571
Businesses
393
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices