6835 W Deer RdMearsMI49436
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 6835 W Deer Rd, Mears, MI, 49436 in Mears is capital appreciation. Rental yield 4.84%. The 4.84% gross yield at $299,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $82,608 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.90) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $64,728.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 8.5% |
| Monthly Cash Flow | $(765) | $1,100 |
City averages based on Mears market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,207 |
| Total Monthly Debt Service | $1,853 |
| DSCR Ratio | 0.65x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1995
3.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49436, Mears, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,262 (100%) |
| Owner Occupied HU | 646 (28.6%) |
| Renter Occupied HU | 110 ( 4.9%) |
| Vacant Housing Units | 1,506 (66.6%) |
| Median Home Value | $284,810 |
| Average Home Value | $407,074 |
Housing Distribution
Address Breakdown
Residential
1,156
Single Family
1,156
Multi-Family
0
Businesses
50
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 1995
3.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49436, Mears, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,262 (100%) |
| Owner Occupied HU | 646 (28.6%) |
| Renter Occupied HU | 110 ( 4.9%) |
| Vacant Housing Units | 1,506 (66.6%) |
| Median Home Value | $284,810 |
| Average Home Value | $407,074 |
Housing Distribution
Address Breakdown
Residential
1,156
Single Family
1,156
Multi-Family
0
Businesses
50
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices