6751 Sweeter RdTwin LakeMI49457
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 6751 Sweeter Rd, Twin Lake, MI, 49457 in Twin Lake: $1,979/mo in rent, $562/mo net, 11.05% gross yield, all on a $214,900 acquisition. The 2.05 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 $59,373 in value, and $1,979/yr in principal paydown steadily builds equity. Projected total cumulative return: $118,052.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 5.5% |
| Monthly Cash Flow | $562 | $800 |
City averages based on Twin Lake market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,979 |
| Total Monthly Debt Service | $1,332 |
| DSCR Ratio | 1.49x |
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.
Manufactured
Built in 1993
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49457, Twin Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,479 (100%) |
| Owner Occupied HU | 3,772 (84.2%) |
| Renter Occupied HU | 316 ( 7.1%) |
| Vacant Housing Units | 391 ( 8.7%) |
| Median Home Value | $258,877 |
| Average Home Value | $290,128 |
Housing Distribution
Address Breakdown
Residential
4,301
Single Family
4,301
Multi-Family
0
Businesses
82
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
Manufactured
Built in 1993
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49457, Twin Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,479 (100%) |
| Owner Occupied HU | 3,772 (84.2%) |
| Renter Occupied HU | 316 ( 7.1%) |
| Vacant Housing Units | 391 ( 8.7%) |
| Median Home Value | $258,877 |
| Average Home Value | $290,128 |
Housing Distribution
Address Breakdown
Residential
4,301
Single Family
4,301
Multi-Family
0
Businesses
82
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices