7566 N Spruce St #AUAu TrainMI49806
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 7566 N Spruce St #AU, Au Train, MI, 49806 in Au Train speaks for itself: 22.65% gross on a $109,900 price, generating $2,075/mo in rent and $1,350/mo in net income after the $494/mo debt service. DSCR 4.20, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $16,201 stacks alongside $30,363 in projected five-year appreciation and $1,012/yr in principal reduction. Projected total cumulative return: $128,824.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 22.7% | 7.0% |
| Monthly Cash Flow | $1,350 | $350 |
City averages based on Au Train market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,075 |
| Total Monthly Debt Service | $681 |
| DSCR Ratio | 3.05x |
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 1969
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49806, Au Train, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 518 (100%) |
| Owner Occupied HU | 194 (37.5%) |
| Renter Occupied HU | 37 ( 7.1%) |
| Vacant Housing Units | 287 (55.4%) |
| Median Home Value | $219,231 |
| Average Home Value | $252,745 |
Housing Distribution
Address Breakdown
Residential
299
Single Family
299
Multi-Family
0
Businesses
3
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 1969
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49806, Au Train, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 518 (100%) |
| Owner Occupied HU | 194 (37.5%) |
| Renter Occupied HU | 37 ( 7.1%) |
| Vacant Housing Units | 287 (55.4%) |
| Median Home Value | $219,231 |
| Average Home Value | $252,745 |
Housing Distribution
Address Breakdown
Residential
299
Single Family
299
Multi-Family
0
Businesses
3
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices