6039 Andrea LnNorth BranchMI48461
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 6039 Andrea Ln, North Branch, MI, 48461 in North Branch fits: $299,000, 5.56% gross yield, and a projected 5% annual appreciation rate adding $82,608 in value within five years. Rental yield 5.56%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (1.03) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $2,754/yr in principal paydown and $82,608 in appreciation project a total return of $76,260.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.6% | 8.0% |
| Monthly Cash Flow | $(586) | $650 |
City averages based on North Branch market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,386 |
| Total Monthly Debt Service | $1,853 |
| DSCR Ratio | 0.75x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2025
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48461, North Branch, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,133 (100%) |
| Owner Occupied HU | 2,573 (82.1%) |
| Renter Occupied HU | 374 (11.9%) |
| Vacant Housing Units | 186 ( 5.9%) |
| Median Home Value | $240,656 |
| Average Home Value | $290,291 |
Housing Distribution
Address Breakdown
Residential
3,075
Single Family
2,978
Multi-Family
97
Businesses
130
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 2025
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48461, North Branch, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,133 (100%) |
| Owner Occupied HU | 2,573 (82.1%) |
| Renter Occupied HU | 374 (11.9%) |
| Vacant Housing Units | 186 ( 5.9%) |
| Median Home Value | $240,656 |
| Average Home Value | $290,291 |
Housing Distribution
Address Breakdown
Residential
3,075
Single Family
2,978
Multi-Family
97
Businesses
130
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices