7509 S Saginaw StNew LothropMI48460
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew New Lothrop rentals match the income profile of 7509 S Saginaw St, New Lothrop, MI, 48460. Listed at $219,900, gross rent is $4,141/mo and net cash flow is $2,691/mo, a 22.6% yield well above national averages. DSCR 4.19 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $60,754 by year five with $2,025/yr in annual principal reduction, projecting $256,961 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 22.6% | 6.5% |
| Monthly Cash Flow | $2,691 | $850 |
City averages based on New Lothrop market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,141 |
| Total Monthly Debt Service | $1,363 |
| DSCR Ratio | 3.04x |
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 1968
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48460, New Lothrop, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 937 (100%) |
| Owner Occupied HU | 799 (85.3%) |
| Renter Occupied HU | 102 (10.9%) |
| Vacant Housing Units | 36 ( 3.8%) |
| Median Home Value | $237,022 |
| Average Home Value | $270,044 |
Housing Distribution
Address Breakdown
Residential
750
Single Family
716
Multi-Family
34
Businesses
42
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 1968
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48460, New Lothrop, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 937 (100%) |
| Owner Occupied HU | 799 (85.3%) |
| Renter Occupied HU | 102 (10.9%) |
| Vacant Housing Units | 36 ( 3.8%) |
| Median Home Value | $237,022 |
| Average Home Value | $270,044 |
Housing Distribution
Address Breakdown
Residential
750
Single Family
716
Multi-Family
34
Businesses
42
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices