70855 Wayne StUnionMI49130
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 70855 Wayne St, Union, MI, 49130 in Union at $675,000, 3% gross yield, is a market-growth asset. Rental yield 3%. The $1,686/mo rent partially funds the $3,035/mo debt service; the core return is the 5%/yr price growth projected to add $186,490 over five years. Ziffy Mortgage's DSCR mortgage (0.56) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $79,224.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3% | 7.4% |
| Monthly Cash Flow | $(2,765) | $150 |
City averages based on Union market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,686 |
| Total Monthly Debt Service | $4,183 |
| DSCR Ratio | 0.40x |
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 1960
8,712 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 1960
8,712 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