70830 Baldwin Landing DrUnionMI49130
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play70830 Baldwin Landing Dr, Union, MI, 49130 in Union is priced for appreciation, not yield. Rental yield 5.77%. At $994,000 with a 5.77% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $274,624 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (1.07) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $264,580.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.8% | 7.4% |
| Monthly Cash Flow | $(1,773) | $150 |
City averages based on Union market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,782 |
| Total Monthly Debt Service | $6,159 |
| DSCR Ratio | 0.78x |
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 2024
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49130, Union, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 957 (100%) |
| Owner Occupied HU | 621 (64.9%) |
| Renter Occupied HU | 102 (10.7%) |
| Vacant Housing Units | 234 (24.5%) |
| Median Home Value | $323,786 |
| Average Home Value | $405,310 |
Housing Distribution
Address Breakdown
Residential
910
Single Family
910
Multi-Family
0
Businesses
58
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 2024
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49130, Union, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 957 (100%) |
| Owner Occupied HU | 621 (64.9%) |
| Renter Occupied HU | 102 (10.7%) |
| Vacant Housing Units | 234 (24.5%) |
| Median Home Value | $323,786 |
| Average Home Value | $405,310 |
Housing Distribution
Address Breakdown
Residential
910
Single Family
910
Multi-Family
0
Businesses
58
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices