6015 Jeddo RdJeddoMI48032
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 6015 Jeddo Rd, Jeddo, MI, 48032 in Jeddo delivers $1,456/mo in gross rent and $237/mo in net monthly income at a $184,900 entry. The 9.45% yield and 1.75 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $51,084 over five years and $1,703/yr in equity from loan paydown, total projected return is $85,712.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 8.0% |
| Monthly Cash Flow | $237 | $350 |
City averages based on Jeddo 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 | $1,456 |
| Total Monthly Debt Service | $1,146 |
| DSCR Ratio | 1.27x |
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 1949
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48032, Jeddo, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 890 (100%) |
| Owner Occupied HU | 776 (87.2%) |
| Renter Occupied HU | 63 ( 7.1%) |
| Vacant Housing Units | 51 ( 5.7%) |
| Median Home Value | $275,000 |
| Average Home Value | $299,523 |
Housing Distribution
Address Breakdown
Residential
863
Single Family
863
Multi-Family
0
Businesses
15
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 1949
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48032, Jeddo, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 890 (100%) |
| Owner Occupied HU | 776 (87.2%) |
| Renter Occupied HU | 63 ( 7.1%) |
| Vacant Housing Units | 51 ( 5.7%) |
| Median Home Value | $275,000 |
| Average Home Value | $299,523 |
Housing Distribution
Address Breakdown
Residential
863
Single Family
863
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices