5983 Welch RdEmmettMI48022
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 5983 Welch Rd, Emmett, MI, 48022 in Emmett. At $460,400 it earns $3,756/mo in rent and distributes $515/mo to the owner after the $2,070/mo payment, a consistent 9.79% yield. DSCR 1.81 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $127,200 in value; $4,240/yr in principal paydown compounds ownership stake. Total projected return: $209,455.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 9.5% |
| Monthly Cash Flow | $515 | $650 |
City averages based on Emmett market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,756 |
| Total Monthly Debt Service | $3,058 |
| DSCR Ratio | 1.23x |
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 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48022, Emmett, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,010 (100%) |
| Owner Occupied HU | 906 (89.7%) |
| Renter Occupied HU | 51 ( 5.0%) |
| Vacant Housing Units | 53 ( 5.2%) |
| Median Home Value | $277,331 |
| Average Home Value | $279,793 |
Housing Distribution
Address Breakdown
Residential
964
Single Family
964
Multi-Family
0
Businesses
32
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 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48022, Emmett, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,010 (100%) |
| Owner Occupied HU | 906 (89.7%) |
| Renter Occupied HU | 51 ( 5.0%) |
| Vacant Housing Units | 53 ( 5.2%) |
| Median Home Value | $277,331 |
| Average Home Value | $279,793 |
Housing Distribution
Address Breakdown
Residential
964
Single Family
964
Multi-Family
0
Businesses
32
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
