7060 Strawberry LnElmiraMI49730
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Elmira rentals match the income profile of 7060 Strawberry Ln, Elmira, MI, 49730. Listed at $289,000, gross rent is $3,072/mo and net cash flow is $1,166/mo, a 12.76% yield well above national averages. DSCR 2.36 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $79,845 by year five with $2,662/yr in annual principal reduction, projecting $185,128 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.8% | 5.0% |
| Monthly Cash Flow | $1,166 | $900 |
City averages based on Elmira market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,072 |
| Total Monthly Debt Service | $1,791 |
| DSCR Ratio | 1.72x |
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 2002
10 Acres lot
$N/A/sqft
No HOA
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 2002
10 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Holbel • Traverse Real Estate
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1935360
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.