6888 Sequoia DrIndian RiverMI49749
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 6888 Sequoia Dr, Indian River, MI, 49749 in Indian River worth modelling. At $424,900 with a 8.27% gross yield, the $2,929/mo rent leaves $127/mo after the $1,911/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.53 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $117,392 by year five; $3,913/yr in principal reduction adds further equity. Total projected return: $170,030.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.2% |
| Monthly Cash Flow | $127 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,929 |
| Total Monthly Debt Service | $2,633 |
| DSCR Ratio | 1.11x |
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 2025
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49749, Indian River, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,503 (100%) |
| Owner Occupied HU | 1,674 (47.8%) |
| Renter Occupied HU | 288 ( 8.2%) |
| Vacant Housing Units | 1,541 (44.0%) |
| Median Home Value | $245,946 |
| Average Home Value | $327,195 |
Housing Distribution
Address Breakdown
Residential
2,051
Single Family
2,051
Multi-Family
0
Businesses
215
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 2025
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49749, Indian River, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,503 (100%) |
| Owner Occupied HU | 1,674 (47.8%) |
| Renter Occupied HU | 288 ( 8.2%) |
| Vacant Housing Units | 1,541 (44.0%) |
| Median Home Value | $245,946 |
| Average Home Value | $327,195 |
Housing Distribution
Address Breakdown
Residential
2,051
Single Family
2,051
Multi-Family
0
Businesses
215
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gail Rhine • Berkshire Hathaway Homeservices Indian River
Mls Name: WWMLS
Mls ID: #201837829