7604 S Saddler RdChaseMI49623
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 7604 S Saddler Rd, Chase, MI, 49623 in Chase speaks for itself: 14.07% gross on a $114,900 price, generating $1,348/mo in rent and $590/mo in net income after the $517/mo debt service. DSCR 2.61, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,079 stacks alongside $31,745 in projected five-year appreciation and $1,058/yr in principal reduction. Projected total cumulative return: $81,758.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.1% | 6.5% |
| Monthly Cash Flow | $590 | $650 |
City averages based on Chase market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,348 |
| Total Monthly Debt Service | $712 |
| DSCR Ratio | 1.89x |
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.
Manufactured
Built in 1977
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49623, Chase, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 787 (100%) |
| Owner Occupied HU | 477 (60.6%) |
| Renter Occupied HU | 65 ( 8.3%) |
| Vacant Housing Units | 245 (31.1%) |
| Median Home Value | $151,786 |
| Average Home Value | $209,581 |
Housing Distribution
Address Breakdown
Residential
477
Single Family
477
Multi-Family
0
Businesses
11
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
Manufactured
Built in 1977
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49623, Chase, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 787 (100%) |
| Owner Occupied HU | 477 (60.6%) |
| Renter Occupied HU | 65 ( 8.3%) |
| Vacant Housing Units | 245 (31.1%) |
| Median Home Value | $151,786 |
| Average Home Value | $209,581 |
Housing Distribution
Address Breakdown
Residential
477
Single Family
477
Multi-Family
0
Businesses
11
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices