5831 Reed StDefordMI48729
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 5831 Reed St, Deford, MI, 48729 in Deford: $1,271/mo in rent, $428/mo in net income, 11.93% gross yield, 2.21 DSCR, all at $127,800. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $35,309 in appreciation and $1,177/yr in principal paydown projects total cumulative return of $76,238.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 7.2% |
| Monthly Cash Flow | $428 | $350 |
City averages based on Deford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,271 |
| Total Monthly Debt Service | $792 |
| DSCR Ratio | 1.60x |
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 1940
7.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48729, Deford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 700 (100%) |
| Owner Occupied HU | 533 (76.1%) |
| Renter Occupied HU | 64 ( 9.1%) |
| Vacant Housing Units | 103 (14.7%) |
| Median Home Value | $184,511 |
| Average Home Value | $202,111 |
Housing Distribution
Address Breakdown
Residential
566
Single Family
566
Multi-Family
0
Businesses
8
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 1940
7.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48729, Deford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 700 (100%) |
| Owner Occupied HU | 533 (76.1%) |
| Renter Occupied HU | 64 ( 9.1%) |
| Vacant Housing Units | 103 (14.7%) |
| Median Home Value | $184,511 |
| Average Home Value | $202,111 |
Housing Distribution
Address Breakdown
Residential
566
Single Family
566
Multi-Family
0
Businesses
8
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices