4886 22 Mile Rd NESand LakeMI49343
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 4886 22 Mile Rd NE, Sand Lake, MI, 49343 in Sand Lake: $2,702/mo in rent, $1,250/mo net, 14.73% gross yield, all on a $220,200 acquisition. The 2.73 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $60,837 in value, and $2,028/yr in principal paydown steadily builds equity. Projected total cumulative return: $164,348.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.7% | 9.0% |
| Monthly Cash Flow | $1,250 | $120 |
City averages based on Sand Lake market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,702 |
| Total Monthly Debt Service | $1,364 |
| DSCR Ratio | 1.98x |
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 1900
5.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49343, Sand Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,734 (100%) |
| Owner Occupied HU | 2,207 (80.7%) |
| Renter Occupied HU | 216 ( 7.9%) |
| Vacant Housing Units | 311 (11.4%) |
| Median Home Value | $283,652 |
| Average Home Value | $345,501 |
Housing Distribution
Address Breakdown
Residential
2,340
Single Family
2,310
Multi-Family
30
Businesses
73
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 1900
5.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49343, Sand Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,734 (100%) |
| Owner Occupied HU | 2,207 (80.7%) |
| Renter Occupied HU | 216 ( 7.9%) |
| Vacant Housing Units | 311 (11.4%) |
| Median Home Value | $283,652 |
| Average Home Value | $345,501 |
Housing Distribution
Address Breakdown
Residential
2,340
Single Family
2,310
Multi-Family
30
Businesses
73
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices