5891 Woodschool RdFreeportMI49325
INVESTMENT ANALYSIS
Investment Verdict
Solid Income5891 Woodschool Rd, Freeport, MI, 49325 in Freeport is a solid income-producing rental, 8.72% gross yield, $4,352/mo rent, $402/mo net cash flow on a $599,000 buy. DSCR 1.53 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $165,493 and $5,021/yr in principal reduction project a total cumulative return of $242,759.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.0% |
| Monthly Cash Flow | $402 | $550 |
City averages based on Freeport 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 | $4,352 |
| Total Monthly Debt Service | $3,858 |
| DSCR Ratio | 1.13x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1976
8.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49325, Freeport, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 777 (100%) |
| Owner Occupied HU | 671 (86.4%) |
| Renter Occupied HU | 66 ( 8.5%) |
| Vacant Housing Units | 40 ( 5.1%) |
| Median Home Value | $300,410 |
| Average Home Value | $353,521 |
Housing Distribution
Address Breakdown
Residential
720
Single Family
720
Multi-Family
0
Businesses
26
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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
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