6536 Weathersfield WayCantonMI48187
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 6536 Weathersfield Way, Canton, MI, 48187 in Canton speaks for itself: 13% gross on a $499,900 price, generating $5,414/mo in rent and $2,088/mo in net income after the $2,248/mo debt service. DSCR 2.41, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $25,059 stacks alongside $138,113 in projected five-year appreciation and $4,604/yr in principal reduction. Projected total cumulative return: $324,930.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13% | 8.2% |
| Monthly Cash Flow | $2,088 | $850 |
City averages based on Canton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,414 |
| Total Monthly Debt Service | $3,127 |
| DSCR Ratio | 1.73x |
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 1989
8,276 sqft lot
$N/A/sqft
$355 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48187, Canton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,148 (100%) |
| Owner Occupied HU | 14,461 (68.4%) |
| Renter Occupied HU | 5,520 (26.1%) |
| Vacant Housing Units | 1,167 ( 5.5%) |
| Median Home Value | $341,856 |
| Average Home Value | $384,903 |
Housing Distribution
Address Breakdown
Residential
21,050
Single Family
18,169
Multi-Family
2,881
Businesses
1,577
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 1989
8,276 sqft lot
$N/A/sqft
$355 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48187, Canton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,148 (100%) |
| Owner Occupied HU | 14,461 (68.4%) |
| Renter Occupied HU | 5,520 (26.1%) |
| Vacant Housing Units | 1,167 ( 5.5%) |
| Median Home Value | $341,856 |
| Average Home Value | $384,903 |
Housing Distribution
Address Breakdown
Residential
21,050
Single Family
18,169
Multi-Family
2,881
Businesses
1,577
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices