7611 Margaret AveWest OliveMI49460
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 7611 Margaret Ave, West Olive, MI, 49460 in West Olive. Rental yield 2.78%. At $1,230,000 with 2.78% gross yield, current distributions are modest, but the 5% appreciation rate projects $339,826 in new equity by year five, complemented by $11,328/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.52) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $129,976.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.8% | 8.0% |
| Monthly Cash Flow | $(5,261) | $350 |
City averages based on West Olive market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,850 |
| Total Monthly Debt Service | $7,622 |
| DSCR Ratio | 0.37x |
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 1966
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49460, West Olive, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,031 (100%) |
| Owner Occupied HU | 3,340 (82.9%) |
| Renter Occupied HU | 268 ( 6.6%) |
| Vacant Housing Units | 423 (10.5%) |
| Median Home Value | $378,999 |
| Average Home Value | $441,543 |
Housing Distribution
Address Breakdown
Residential
3,784
Single Family
3,068
Multi-Family
716
Businesses
132
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 1966
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49460, West Olive, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,031 (100%) |
| Owner Occupied HU | 3,340 (82.9%) |
| Renter Occupied HU | 268 ( 6.6%) |
| Vacant Housing Units | 423 (10.5%) |
| Median Home Value | $378,999 |
| Average Home Value | $441,543 |
Housing Distribution
Address Breakdown
Residential
3,784
Single Family
3,068
Multi-Family
716
Businesses
132
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Samuel J Sterk • Five Star Real Estate (Grandv)
Mls Name: MichRIC
Mls Provider:
Mls ID: #25027716
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.