525 S Wilmott StOtsegoMI49078
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Otsego rental at 525 S Wilmott St, Otsego, MI, 49078 sits in the solid-income band: 10.26% gross yield, $1,512/mo rent, $345/mo net after the $795/mo debt service, DSCR 1.90. Entry price of $176,900 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $48,874 and $1,629/yr in principal reduction bring total cumulative return to $89,685.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 5.5% |
| Monthly Cash Flow | $345 | $350 |
City averages based on Otsego market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,512 |
| Total Monthly Debt Service | $1,096 |
| DSCR Ratio | 1.38x |
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 1930
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49078, Otsego, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,969 (100%) |
| Owner Occupied HU | 3,182 (80.2%) |
| Renter Occupied HU | 648 (16.3%) |
| Vacant Housing Units | 139 ( 3.5%) |
| Median Home Value | $241,781 |
| Average Home Value | $263,448 |
Housing Distribution
Address Breakdown
Residential
3,801
Single Family
3,726
Multi-Family
75
Businesses
183
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 1930
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49078, Otsego, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,969 (100%) |
| Owner Occupied HU | 3,182 (80.2%) |
| Renter Occupied HU | 648 (16.3%) |
| Vacant Housing Units | 139 ( 3.5%) |
| Median Home Value | $241,781 |
| Average Home Value | $263,448 |
Housing Distribution
Address Breakdown
Residential
3,801
Single Family
3,726
Multi-Family
75
Businesses
183
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
