660 Bumbletown RdAllouezMI49805
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 660 Bumbletown Rd, Allouez, MI, 49805 in Allouez is straightforward: $205,000 in, $1,657/mo in rent, $305/mo out after debt service. The 9.7% gross yield and 1.80 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $56,638 by year five. With $1,888/yr in principal equity, the total cumulative return is projected at $97,737.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 5.5% |
| Monthly Cash Flow | $305 | $450 |
City averages based on Allouez market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,657 |
| Total Monthly Debt Service | $1,270 |
| DSCR Ratio | 1.30x |
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 1900
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49805, Allouez, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 392 (100%) |
| Owner Occupied HU | 288 (73.5%) |
| Renter Occupied HU | 20 ( 5.1%) |
| Vacant Housing Units | 84 (21.4%) |
| Median Home Value | $164,516 |
| Average Home Value | $220,582 |
Housing Distribution
Address Breakdown
Residential
201
Single Family
201
Multi-Family
0
Businesses
4
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 1900
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49805, Allouez, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 392 (100%) |
| Owner Occupied HU | 288 (73.5%) |
| Renter Occupied HU | 20 ( 5.1%) |
| Vacant Housing Units | 84 (21.4%) |
| Median Home Value | $164,516 |
| Average Home Value | $220,582 |
Housing Distribution
Address Breakdown
Residential
201
Single Family
201
Multi-Family
0
Businesses
4
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: CHRISTOPHER COPONEN • CENTURY 21 AFFILIATED
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50177750
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.