4995 W Salt River RdShepherdMI48883
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow4995 W Salt River Rd, Shepherd, MI, 48883 in Shepherd is a solid income-producing rental, 12.19% gross yield, $1,301/mo rent, $457/mo net cash flow on a $128,000 buy. DSCR 2.26 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $35,364 and $1,179/yr in principal reduction project a total cumulative return of $78,176.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.2% | 7.0% |
| Monthly Cash Flow | $457 | $250 |
City averages based on Shepherd market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,301 |
| Total Monthly Debt Service | $793 |
| DSCR Ratio | 1.64x |
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.
Manufactured
Built in 1996
1.84 Acres lot
$N/A/sqft
No HOA
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
Manufactured
Built in 1996
1.84 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rachel Shoemaker • FIVE STAR REAL ESTATE - MT. PLEASANT
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1933961
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.