635 E Mill StCapacMI48014
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 635 E Mill St, Capac, MI, 48014 in Capac at $219,900 earns $1,567/mo in rent and nets $117/mo after the $989/mo payment, a 8.55% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $60,754 over five years. Ziffy Mortgage underwrites this on a 1.58 DSCR without U.S. credit history. With $2,025/yr in principal paydown, total projected return reaches $91,325.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.1% |
| Monthly Cash Flow | $117 | $350 |
City averages based on Capac market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,567 |
| Total Monthly Debt Service | $1,363 |
| DSCR Ratio | 1.15x |
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 1975
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48014, Capac, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,740 (100%) |
| Owner Occupied HU | 1,364 (78.4%) |
| Renter Occupied HU | 281 (16.1%) |
| Vacant Housing Units | 95 ( 5.5%) |
| Median Home Value | $220,342 |
| Average Home Value | $270,343 |
Housing Distribution
Address Breakdown
Residential
1,367
Single Family
1,190
Multi-Family
177
Businesses
103
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 1975
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48014, Capac, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,740 (100%) |
| Owner Occupied HU | 1,364 (78.4%) |
| Renter Occupied HU | 281 (16.1%) |
| Vacant Housing Units | 95 ( 5.5%) |
| Median Home Value | $220,342 |
| Average Home Value | $270,343 |
Housing Distribution
Address Breakdown
Residential
1,367
Single Family
1,190
Multi-Family
177
Businesses
103
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices