6749 Boulder Pointe DrWashingtonMI48094
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 6749 Boulder Pointe Dr, Washington, MI, 48094 in Washington speaks for itself: 14.49% gross on a $259,900 price, generating $3,139/mo in rent and $1,075/mo in net income after the $1,169/mo debt service. DSCR 2.69, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $12,903 stacks alongside $71,806 in projected five-year appreciation and $2,394/yr in principal reduction. Projected total cumulative return: $169,740.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.5% | 9.0% |
| Monthly Cash Flow | $1,075 | $650 |
City averages based on Washington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,139 |
| Total Monthly Debt Service | $1,961 |
| DSCR Ratio | 1.60x |
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.
Condo
Built in 2005
N/A lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48094, Washington, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,429 (100%) |
| Owner Occupied HU | 6,873 (81.5%) |
| Renter Occupied HU | 1,262 (15.0%) |
| Vacant Housing Units | 294 ( 3.5%) |
| Median Home Value | $424,158 |
| Average Home Value | $437,504 |
Housing Distribution
Address Breakdown
Residential
8,653
Single Family
7,588
Multi-Family
1,065
Businesses
429
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
Condo
Built in 2005
N/A lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48094, Washington, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,429 (100%) |
| Owner Occupied HU | 6,873 (81.5%) |
| Renter Occupied HU | 1,262 (15.0%) |
| Vacant Housing Units | 294 ( 3.5%) |
| Median Home Value | $424,158 |
| Average Home Value | $437,504 |
Housing Distribution
Address Breakdown
Residential
8,653
Single Family
7,588
Multi-Family
1,065
Businesses
429
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices