6676 Weldon RdThompsonvilleMI49683
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 6676 Weldon Rd, Thompsonville, MI, 49683 in Thompsonville: $8,519/mo in rent, $4,767/mo net, 17.97% gross yield, all on a $569,000 acquisition. The 3.33 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $157,204 in value, and $5,241/yr in principal paydown steadily builds equity. Projected total cumulative return: $523,481.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18% | 6.4% |
| Monthly Cash Flow | $4,767 | $250 |
City averages based on Thompsonville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,519 |
| Total Monthly Debt Service | $3,526 |
| DSCR Ratio | 2.42x |
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 1968
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49683, Thompsonville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,674 (100%) |
| Owner Occupied HU | 872 (52.1%) |
| Renter Occupied HU | 101 ( 6.0%) |
| Vacant Housing Units | 701 (41.9%) |
| Median Home Value | $252,381 |
| Average Home Value | $312,893 |
Housing Distribution
Address Breakdown
Residential
1,090
Single Family
1,090
Multi-Family
0
Businesses
32
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 1968
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49683, Thompsonville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,674 (100%) |
| Owner Occupied HU | 872 (52.1%) |
| Renter Occupied HU | 101 ( 6.0%) |
| Vacant Housing Units | 701 (41.9%) |
| Median Home Value | $252,381 |
| Average Home Value | $312,893 |
Housing Distribution
Address Breakdown
Residential
1,090
Single Family
1,090
Multi-Family
0
Businesses
32
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices