602 N Court StStantonMI48888
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 602 N Court St, Stanton, MI, 48888 in Stanton hard to pass up. The 18.59% gross yield on a $195,000 purchase results in $3,022/mo in rent and $1,736/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (3.45). Annual cash flow of $20,828, five-year appreciation of $53,875, and $1,796/yr in equity build-up combine for a projected total cumulative return of $186,025.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.6% | 6.5% |
| Monthly Cash Flow | $1,736 | $350 |
City averages based on Stanton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,022 |
| Total Monthly Debt Service | $1,208 |
| DSCR Ratio | 2.50x |
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 1930
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48888, Stanton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,241 (100%) |
| Owner Occupied HU | 2,224 (68.6%) |
| Renter Occupied HU | 459 (14.2%) |
| Vacant Housing Units | 558 (17.2%) |
| Median Home Value | $231,772 |
| Average Home Value | $235,794 |
Housing Distribution
Address Breakdown
Residential
2,636
Single Family
2,582
Multi-Family
54
Businesses
169
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 1930
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48888, Stanton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,241 (100%) |
| Owner Occupied HU | 2,224 (68.6%) |
| Renter Occupied HU | 459 (14.2%) |
| Vacant Housing Units | 558 (17.2%) |
| Median Home Value | $231,772 |
| Average Home Value | $235,794 |
Housing Distribution
Address Breakdown
Residential
2,636
Single Family
2,582
Multi-Family
54
Businesses
169
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices