5521 Spring Creek RdThree OaksMI49128
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 5521 Spring Creek Rd, Three Oaks, MI, 49128 in Three Oaks. Priced at $478,000, it generates $5,968/mo in gross rent and $2,815/mo in net monthly cash flow, a 14.98% yield that comfortably supports the 2.78 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $33,785. Five-year appreciation: $132,063. Equity from principal paydown: $4,402/yr. Total projected cumulative return: $363,339.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15% | 6.0% |
| Monthly Cash Flow | $2,815 | $400 |
City averages based on Three Oaks market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,968 |
| Total Monthly Debt Service | $2,962 |
| DSCR Ratio | 2.01x |
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 1999
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49128, Three Oaks, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,088 (100%) |
| Owner Occupied HU | 1,284 (61.5%) |
| Renter Occupied HU | 234 (11.2%) |
| Vacant Housing Units | 570 (27.3%) |
| Median Home Value | $319,149 |
| Average Home Value | $402,960 |
Housing Distribution
Address Breakdown
Residential
1,742
Single Family
1,701
Multi-Family
41
Businesses
112
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 1999
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49128, Three Oaks, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,088 (100%) |
| Owner Occupied HU | 1,284 (61.5%) |
| Renter Occupied HU | 234 (11.2%) |
| Vacant Housing Units | 570 (27.3%) |
| Median Home Value | $319,149 |
| Average Home Value | $402,960 |
Housing Distribution
Address Breakdown
Residential
1,742
Single Family
1,701
Multi-Family
41
Businesses
112
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Keith Claunch • Coldwell Banker Realty
Mls Name: MichRIC
Mls Provider:
Mls ID: #25020246
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.