6920 Snover RdDeckerMI48426
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 6920 Snover Rd, Decker, MI, 48426 in Decker: $1,616/mo in rent, $718/mo net, 14.24% gross yield, all on a $136,200 acquisition. The 2.64 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 $37,630 in value, and $1,254/yr in principal paydown steadily builds equity. Projected total cumulative return: $98,137.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.2% | 5.5% |
| Monthly Cash Flow | $718 | $1,500 |
City averages based on Decker market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,616 |
| Total Monthly Debt Service | $844 |
| DSCR Ratio | 1.91x |
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 1930
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48426, Decker, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 446 (100%) |
| Owner Occupied HU | 333 (74.7%) |
| Renter Occupied HU | 46 (10.3%) |
| Vacant Housing Units | 67 (15.0%) |
| Median Home Value | $250,521 |
| Average Home Value | $314,722 |
Housing Distribution
Address Breakdown
Residential
373
Single Family
373
Multi-Family
0
Businesses
9
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 1930
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48426, Decker, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 446 (100%) |
| Owner Occupied HU | 333 (74.7%) |
| Renter Occupied HU | 46 (10.3%) |
| Vacant Housing Units | 67 (15.0%) |
| Median Home Value | $250,521 |
| Average Home Value | $314,722 |
Housing Distribution
Address Breakdown
Residential
373
Single Family
373
Multi-Family
0
Businesses
9
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
