5224 Duce RdAvocaMI48006
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder5224 Duce Rd, Avoca, MI, 48006 in Avoca is a stable, well-positioned rental at $279,900. Rental yield 7.13%. DSCR 1.32 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $77,331 in value and $2,578/yr in principal paydown builds equity, a total projected return of $94,816.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 7.0% |
| Monthly Cash Flow | $(184) | $850 |
City averages based on Avoca market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,662 |
| Total Monthly Debt Service | $1,734 |
| DSCR Ratio | 0.96x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1998
10.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48006, Avoca, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,565 (100%) |
| Owner Occupied HU | 1,356 (86.6%) |
| Renter Occupied HU | 112 ( 7.2%) |
| Vacant Housing Units | 97 ( 6.2%) |
| Median Home Value | $289,954 |
| Average Home Value | $306,615 |
Housing Distribution
Address Breakdown
Residential
1,475
Single Family
1,475
Multi-Family
0
Businesses
29
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 1998
10.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48006, Avoca, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,565 (100%) |
| Owner Occupied HU | 1,356 (86.6%) |
| Renter Occupied HU | 112 ( 7.2%) |
| Vacant Housing Units | 97 ( 6.2%) |
| Median Home Value | $289,954 |
| Average Home Value | $306,615 |
Housing Distribution
Address Breakdown
Residential
1,475
Single Family
1,475
Multi-Family
0
Businesses
29
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices