6801 E Hovey RdRosebushMI48878
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 6801 E Hovey Rd, Rosebush, MI, 48878 in Rosebush delivers $1,914/mo in gross rent and $265/mo in net monthly income at a $250,000 entry. The 9.19% yield and 1.70 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $69,070 over five years and $2,303/yr in equity from loan paydown, total projected return is $112,309.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.5% |
| Monthly Cash Flow | $265 | $800 |
City averages based on Rosebush market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,914 |
| Total Monthly Debt Service | $1,549 |
| DSCR Ratio | 1.24x |
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 1976
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48878, Rosebush, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 631 (100%) |
| Owner Occupied HU | 459 (72.7%) |
| Renter Occupied HU | 90 (14.3%) |
| Vacant Housing Units | 82 (13.0%) |
| Median Home Value | $158,929 |
| Average Home Value | $195,882 |
Housing Distribution
Address Breakdown
Residential
549
Single Family
529
Multi-Family
20
Businesses
43
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 1976
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48878, Rosebush, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 631 (100%) |
| Owner Occupied HU | 459 (72.7%) |
| Renter Occupied HU | 90 (14.3%) |
| Vacant Housing Units | 82 (13.0%) |
| Median Home Value | $158,929 |
| Average Home Value | $195,882 |
Housing Distribution
Address Breakdown
Residential
549
Single Family
529
Multi-Family
20
Businesses
43
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices