5984 Douglas RdIdaMI48140
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 5984 Douglas Rd, Ida, MI, 48140 in Ida deserves attention. This $459,999 property earns $5,400/mo in rent, a 14.09% gross yield, and nets $2,367/mo after the $2,068/mo payment. DSCR 2.61 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $127,089 compounds alongside $4,237/yr in yearly equity build, for a total cumulative return of $327,548.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.1% | 6.5% |
| Monthly Cash Flow | $2,367 | $450 |
City averages based on Ida market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,400 |
| Total Monthly Debt Service | $2,850 |
| DSCR Ratio | 1.89x |
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
4.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48140, Ida, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,213 (100%) |
| Owner Occupied HU | 1,074 (88.5%) |
| Renter Occupied HU | 79 ( 6.5%) |
| Vacant Housing Units | 60 ( 4.9%) |
| Median Home Value | $295,376 |
| Average Home Value | $342,700 |
Housing Distribution
Address Breakdown
Residential
1,114
Single Family
1,114
Multi-Family
0
Businesses
61
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
4.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48140, Ida, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,213 (100%) |
| Owner Occupied HU | 1,074 (88.5%) |
| Renter Occupied HU | 79 ( 6.5%) |
| Vacant Housing Units | 60 ( 4.9%) |
| Median Home Value | $295,376 |
| Average Home Value | $342,700 |
Housing Distribution
Address Breakdown
Residential
1,114
Single Family
1,114
Multi-Family
0
Businesses
61
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices