5819 McGrandy RdBridgeportMI48722
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 5819 McGrandy Rd, Bridgeport, MI, 48722 in Bridgeport at $125,000 earns $999/mo in rent and nets $175/mo after the $562/mo payment, a 9.59% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $34,535 over five years. Ziffy Mortgage underwrites this on a 1.78 DSCR without U.S. credit history. With $1,151/yr in principal paydown, total projected return reaches $58,891.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 9.0% |
| Monthly Cash Flow | $175 | $350 |
City averages based on Bridgeport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $999 |
| Total Monthly Debt Service | $775 |
| DSCR Ratio | 1.29x |
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 1963
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48722, Bridgeport, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,457 (100%) |
| Owner Occupied HU | 1,178 (80.9%) |
| Renter Occupied HU | 196 (13.5%) |
| Vacant Housing Units | 83 ( 5.7%) |
| Median Home Value | $177,188 |
| Average Home Value | $214,958 |
Housing Distribution
Address Breakdown
Residential
1,305
Single Family
1,305
Multi-Family
0
Businesses
165
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 1963
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48722, Bridgeport, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,457 (100%) |
| Owner Occupied HU | 1,178 (80.9%) |
| Renter Occupied HU | 196 (13.5%) |
| Vacant Housing Units | 83 ( 5.7%) |
| Median Home Value | $177,188 |
| Average Home Value | $214,958 |
Housing Distribution
Address Breakdown
Residential
1,305
Single Family
1,305
Multi-Family
0
Businesses
165
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A