545 W Main StManchesterMI48158
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Manchester rentals match the income profile of 545 W Main St, Manchester, MI, 48158. Listed at $195,000, gross rent is $1,872/mo and net cash flow is $586/mo, a 11.52% yield well above national averages. DSCR 2.13 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $53,875 by year five with $1,796/yr in annual principal reduction, projecting $112,021 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 6.5% |
| Monthly Cash Flow | $586 | $800 |
City averages based on Manchester market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,872 |
| Total Monthly Debt Service | $1,208 |
| DSCR Ratio | 1.55x |
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 1920
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48158, Manchester, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,254 (100%) |
| Owner Occupied HU | 2,773 (85.2%) |
| Renter Occupied HU | 312 ( 9.6%) |
| Vacant Housing Units | 169 ( 5.2%) |
| Median Home Value | $363,695 |
| Average Home Value | $428,857 |
Housing Distribution
Address Breakdown
Residential
2,959
Single Family
2,934
Multi-Family
25
Businesses
172
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 1920
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48158, Manchester, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,254 (100%) |
| Owner Occupied HU | 2,773 (85.2%) |
| Renter Occupied HU | 312 ( 9.6%) |
| Vacant Housing Units | 169 ( 5.2%) |
| Median Home Value | $363,695 |
| Average Home Value | $428,857 |
Housing Distribution
Address Breakdown
Residential
2,959
Single Family
2,934
Multi-Family
25
Businesses
172
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Scott Guyor • The Charles Reinhart Company
Mls Name: MichRIC
Mls ID: #25054098