576 N Huron Rd UNIT 103Au GresMI48703
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow576 N Huron Rd UNIT 103, Au Gres, MI, 48703 in Au Gres earns its strong cash-flow label: 14.38% yield, $3,714/mo rent, $1,036/mo net income, DSCR 2.66. The $309,999 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $85,647 by year five. Combined with $2,855/yr in principal paydown, total projected return reaches $187,560.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.4% | 9.0% |
| Monthly Cash Flow | $1,036 | $450 |
City averages based on Au Gres market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,714 |
| Total Monthly Debt Service | $2,554 |
| DSCR Ratio | 1.45x |
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.
Condo
Built in 2006
N/A lot
$N/A/sqft
$1,900 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48703, Au Gres, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,923 (100%) |
| Owner Occupied HU | 1,325 (45.3%) |
| Renter Occupied HU | 216 ( 7.4%) |
| Vacant Housing Units | 1,382 (47.3%) |
| Median Home Value | $204,223 |
| Average Home Value | $248,306 |
Housing Distribution
Address Breakdown
Residential
1,588
Single Family
1,528
Multi-Family
60
Businesses
108
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
Condo
Built in 2006
N/A lot
$N/A/sqft
$1,900 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48703, Au Gres, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,923 (100%) |
| Owner Occupied HU | 1,325 (45.3%) |
| Renter Occupied HU | 216 ( 7.4%) |
| Vacant Housing Units | 1,382 (47.3%) |
| Median Home Value | $204,223 |
| Average Home Value | $248,306 |
Housing Distribution
Address Breakdown
Residential
1,588
Single Family
1,528
Multi-Family
60
Businesses
108
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices