7074 S Ainger RdOlivetMI49076
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 7074 S Ainger Rd, Olivet, MI, 49076 in Olivet the bet is firmly on appreciation. Rental yield 5.47%. The 5.47% gross yield on a $1,150,000 price is below income-first thresholds, but 5%/yr value growth projects $317,724 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (1.01) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $287,594.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.5% | 6.0% |
| Monthly Cash Flow | $(2,338) | $350 |
City averages based on Olivet market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,245 |
| Total Monthly Debt Service | $7,126 |
| DSCR Ratio | 0.74x |
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.
Single Family
Built in 2018
13.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49076, Olivet, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,550 (100%) |
| Owner Occupied HU | 1,189 (76.7%) |
| Renter Occupied HU | 217 (14.0%) |
| Vacant Housing Units | 144 ( 9.3%) |
| Median Home Value | $256,538 |
| Average Home Value | $284,251 |
Housing Distribution
Address Breakdown
Residential
1,507
Single Family
1,422
Multi-Family
85
Businesses
95
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 2018
13.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49076, Olivet, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,550 (100%) |
| Owner Occupied HU | 1,189 (76.7%) |
| Renter Occupied HU | 217 (14.0%) |
| Vacant Housing Units | 144 ( 9.3%) |
| Median Home Value | $256,538 |
| Average Home Value | $284,251 |
Housing Distribution
Address Breakdown
Residential
1,507
Single Family
1,422
Multi-Family
85
Businesses
95
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices