536 Balsam StKingsfordMI49802
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 536 Balsam St, Kingsford, MI, 49802 in Kingsford at $134,900 earns $1,063/mo in rent and nets $173/mo after the $607/mo payment, a 9.46% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $37,270 over five years. Ziffy Mortgage underwrites this on a 1.75 DSCR without U.S. credit history. With $1,242/yr in principal paydown, total projected return reaches $62,550.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 7.2% |
| Monthly Cash Flow | $173 | $150 |
City averages based on Kingsford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,063 |
| Total Monthly Debt Service | $836 |
| DSCR Ratio | 1.27x |
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 1925
6,098 sqft lot
$N/A/sqft
No HOA
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 1925
6,098 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices