4845 Spruce StCass CityMI48726
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThere's a case for owning boring assets in strong markets. Rental yield 7.52%. It won't spike overnight, but it will produce quarter after quarter of U.S. dollar income with long-run appreciation. Ziffy Mortgage's DSCR loan removes U.S. income documentation barriers for non-residents. Five-year appreciation of $74,568 and $2,486/yr in equity build project total return of $97,196.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 8.0% |
| Monthly Cash Flow | $(88) | $450 |
City averages based on Cass City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,692 |
| Total Monthly Debt Service | $1,672 |
| DSCR Ratio | 1.01x |
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 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48726, Cass City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,671 (100%) |
| Owner Occupied HU | 2,041 (76.4%) |
| Renter Occupied HU | 411 (15.4%) |
| Vacant Housing Units | 219 ( 8.2%) |
| Median Home Value | $162,688 |
| Average Home Value | $205,603 |
Housing Distribution
Address Breakdown
Residential
2,602
Single Family
2,581
Multi-Family
21
Businesses
182
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 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48726, Cass City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,671 (100%) |
| Owner Occupied HU | 2,041 (76.4%) |
| Renter Occupied HU | 411 (15.4%) |
| Vacant Housing Units | 219 ( 8.2%) |
| Median Home Value | $162,688 |
| Average Home Value | $205,603 |
Housing Distribution
Address Breakdown
Residential
2,602
Single Family
2,581
Multi-Family
21
Businesses
182
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices