5123 Lakeview StMontagueMI49437
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 5123 Lakeview St, Montague, MI, 49437 in Montague speaks for itself: 11.41% gross on a $239,000 price, generating $2,273/mo in rent and $697/mo in net income after the $1,075/mo debt service. DSCR 2.11, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,361 stacks alongside $66,031 in projected five-year appreciation and $2,201/yr in principal reduction. Projected total cumulative return: $135,889.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 8.0% |
| Monthly Cash Flow | $697 | $450 |
City averages based on Montague market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,273 |
| Total Monthly Debt Service | $1,481 |
| DSCR Ratio | 1.53x |
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 1968
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49437, Montague, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,650 (100%) |
| Owner Occupied HU | 2,595 (71.1%) |
| Renter Occupied HU | 355 ( 9.7%) |
| Vacant Housing Units | 700 (19.2%) |
| Median Home Value | $240,329 |
| Average Home Value | $327,025 |
Housing Distribution
Address Breakdown
Residential
3,213
Single Family
3,102
Multi-Family
111
Businesses
184
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 1968
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49437, Montague, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,650 (100%) |
| Owner Occupied HU | 2,595 (71.1%) |
| Renter Occupied HU | 355 ( 9.7%) |
| Vacant Housing Units | 700 (19.2%) |
| Median Home Value | $240,329 |
| Average Home Value | $327,025 |
Housing Distribution
Address Breakdown
Residential
3,213
Single Family
3,102
Multi-Family
111
Businesses
184
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices