6099 Sleight RdBathMI48808
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 6099 Sleight Rd, Bath, MI, 48808 in Bath hard to pass up. The 10.28% gross yield on a $479,900 purchase results in $4,110/mo in rent and $945/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.90). Annual cash flow of $11,344, five-year appreciation of $132,588, and $4,420/yr in equity build-up combine for a projected total cumulative return of $243,687.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 8.5% |
| Monthly Cash Flow | $945 | $1,200 |
City averages based on Bath market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,110 |
| Total Monthly Debt Service | $2,974 |
| DSCR Ratio | 1.38x |
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 1978
17.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48808, Bath, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,603 (100%) |
| Owner Occupied HU | 1,673 (64.3%) |
| Renter Occupied HU | 768 (29.5%) |
| Vacant Housing Units | 162 ( 6.2%) |
| Median Home Value | $327,703 |
| Average Home Value | $370,604 |
Housing Distribution
Address Breakdown
Residential
2,483
Single Family
2,461
Multi-Family
22
Businesses
93
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 1978
17.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48808, Bath, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,603 (100%) |
| Owner Occupied HU | 1,673 (64.3%) |
| Renter Occupied HU | 768 (29.5%) |
| Vacant Housing Units | 162 ( 6.2%) |
| Median Home Value | $327,703 |
| Average Home Value | $370,604 |
Housing Distribution
Address Breakdown
Residential
2,483
Single Family
2,461
Multi-Family
22
Businesses
93
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices