5128 Burt Lake Views DrAlansonMI49706
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 5128 Burt Lake Views Dr, Alanson, MI, 49706 in Alanson. Priced at $360,000, it generates $3,187/mo in gross rent and $792/mo in net monthly cash flow, a 10.62% yield that comfortably supports the 1.87 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $9,506. Five-year appreciation: $99,461. Equity from principal paydown: $3,018/yr. Total projected cumulative return: $182,652.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 7.8% |
| Monthly Cash Flow | $792 | $350 |
City averages based on Alanson market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,187 |
| Total Monthly Debt Service | $2,319 |
| DSCR Ratio | 1.37x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2020
3.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49706, Alanson, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,866 (100%) |
| Owner Occupied HU | 1,803 (62.9%) |
| Renter Occupied HU | 350 (12.2%) |
| Vacant Housing Units | 713 (24.9%) |
| Median Home Value | $256,041 |
| Average Home Value | $303,078 |
Housing Distribution
Address Breakdown
Residential
2,070
Single Family
2,040
Multi-Family
30
Businesses
97
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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
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