616 E Division StVicksburgMI49097
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 616 E Division St, Vicksburg, MI, 49097 in Vicksburg speaks for itself: 12.43% gross on a $165,000 price, generating $1,709/mo in rent and $621/mo in net income after the $742/mo debt service. DSCR 2.30, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,449 stacks alongside $45,586 in projected five-year appreciation and $1,520/yr in principal reduction. Projected total cumulative return: $102,842.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.4% | 5.8% |
| Monthly Cash Flow | $621 | $450 |
City averages based on Vicksburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,709 |
| Total Monthly Debt Service | $1,022 |
| DSCR Ratio | 1.67x |
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 1956
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49097, Vicksburg, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,972 (100%) |
| Owner Occupied HU | 4,080 (82.1%) |
| Renter Occupied HU | 609 (12.2%) |
| Vacant Housing Units | 283 ( 5.7%) |
| Median Home Value | $304,244 |
| Average Home Value | $342,436 |
Housing Distribution
Address Breakdown
Residential
4,723
Single Family
4,568
Multi-Family
155
Businesses
243
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 1956
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49097, Vicksburg, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,972 (100%) |
| Owner Occupied HU | 4,080 (82.1%) |
| Renter Occupied HU | 609 (12.2%) |
| Vacant Housing Units | 283 ( 5.7%) |
| Median Home Value | $304,244 |
| Average Home Value | $342,436 |
Housing Distribution
Address Breakdown
Residential
4,723
Single Family
4,568
Multi-Family
155
Businesses
243
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
