5877 Five Mile Point RdAllouezMI49805
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play5877 Five Mile Point Rd, Allouez, MI, 49805 in Allouez is priced for appreciation, not yield. Rental yield 3%. At $899,500 with a 3% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $248,515 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.56) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $105,400.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3% | 5.5% |
| Monthly Cash Flow | $(3,687) | $450 |
City averages based on Allouez market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,245 |
| Total Monthly Debt Service | $5,574 |
| DSCR Ratio | 0.40x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2010
51.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49805, Allouez, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 392 (100%) |
| Owner Occupied HU | 288 (73.5%) |
| Renter Occupied HU | 20 ( 5.1%) |
| Vacant Housing Units | 84 (21.4%) |
| Median Home Value | $164,516 |
| Average Home Value | $220,582 |
Housing Distribution
Address Breakdown
Residential
201
Single Family
201
Multi-Family
0
Businesses
4
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 2010
51.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49805, Allouez, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 392 (100%) |
| Owner Occupied HU | 288 (73.5%) |
| Renter Occupied HU | 20 ( 5.1%) |
| Vacant Housing Units | 84 (21.4%) |
| Median Home Value | $164,516 |
| Average Home Value | $220,582 |
Housing Distribution
Address Breakdown
Residential
201
Single Family
201
Multi-Family
0
Businesses
4
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices