607 Dunleavy DrHighlandMI48356
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 607 Dunleavy Dr, Highland, MI, 48356 in Highland at $628,900, 5.7% gross yield, is a market-growth asset. Rental yield 5.7%. The $2,986/mo rent partially funds the $2,828/mo debt service; the core return is the 5%/yr price growth projected to add $173,753 over five years. Ziffy Mortgage's DSCR mortgage (1.06) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $164,862.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.7% | 7.1% |
| Monthly Cash Flow | $(1,162) | $800 |
City averages based on Highland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,986 |
| Total Monthly Debt Service | $3,897 |
| DSCR Ratio | 0.77x |
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 1958
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48356, Highland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,534 (100%) |
| Owner Occupied HU | 3,073 (87.0%) |
| Renter Occupied HU | 286 ( 8.1%) |
| Vacant Housing Units | 175 ( 5.0%) |
| Median Home Value | $390,420 |
| Average Home Value | $465,114 |
Housing Distribution
Address Breakdown
Residential
3,421
Single Family
3,349
Multi-Family
72
Businesses
114
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 1958
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48356, Highland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,534 (100%) |
| Owner Occupied HU | 3,073 (87.0%) |
| Renter Occupied HU | 286 ( 8.1%) |
| Vacant Housing Units | 175 ( 5.0%) |
| Median Home Value | $390,420 |
| Average Home Value | $465,114 |
Housing Distribution
Address Breakdown
Residential
3,421
Single Family
3,349
Multi-Family
72
Businesses
114
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices