508 Lost Oak Cir #7BE0NMWatervlietMI49098
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 508 Lost Oak Cir #7BE0NM, Watervliet, MI, 49098 in Watervliet speaks for itself: 13.52% gross on a $295,600 price, generating $3,331/mo in rent and $1,382/mo in net income after the $1,329/mo debt service. DSCR 2.51, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $16,582 stacks alongside $81,669 in projected five-year appreciation and $2,723/yr in principal reduction. Projected total cumulative return: $201,551.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.5% | 7.0% |
| Monthly Cash Flow | $1,382 | $500 |
City averages based on Watervliet market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,331 |
| Total Monthly Debt Service | $1,832 |
| DSCR Ratio | 1.82x |
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.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49098, Watervliet, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,880 (100%) |
| Owner Occupied HU | 1,776 (61.7%) |
| Renter Occupied HU | 544 (18.9%) |
| Vacant Housing Units | 560 (19.4%) |
| Median Home Value | $207,993 |
| Average Home Value | $291,250 |
Housing Distribution
Address Breakdown
Residential
2,643
Single Family
2,548
Multi-Family
95
Businesses
165
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
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49098, Watervliet, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,880 (100%) |
| Owner Occupied HU | 1,776 (61.7%) |
| Renter Occupied HU | 544 (18.9%) |
| Vacant Housing Units | 560 (19.4%) |
| Median Home Value | $207,993 |
| Average Home Value | $291,250 |
Housing Distribution
Address Breakdown
Residential
2,643
Single Family
2,548
Multi-Family
95
Businesses
165
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A