7774 Drakeshire BlvdAlmontMI48003
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 7774 Drakeshire Blvd, Almont, MI, 48003 in Almont hard to pass up. The 11.19% gross yield on a $415,900 purchase results in $3,880/mo in rent and $1,124/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.07). Annual cash flow of $13,493, five-year appreciation of $114,906, and $3,830/yr in equity build-up combine for a projected total cumulative return of $230,903.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 6.2% |
| Monthly Cash Flow | $1,124 | $850 |
City averages based on Almont market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,880 |
| Total Monthly Debt Service | $2,590 |
| DSCR Ratio | 1.50x |
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 2024
9,583 sqft lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48003, Almont, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,657 (100%) |
| Owner Occupied HU | 2,290 (86.2%) |
| Renter Occupied HU | 244 ( 9.2%) |
| Vacant Housing Units | 123 ( 4.6%) |
| Median Home Value | $315,236 |
| Average Home Value | $358,599 |
Housing Distribution
Address Breakdown
Residential
2,268
Single Family
2,029
Multi-Family
239
Businesses
197
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 2024
9,583 sqft lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48003, Almont, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,657 (100%) |
| Owner Occupied HU | 2,290 (86.2%) |
| Renter Occupied HU | 244 ( 9.2%) |
| Vacant Housing Units | 123 ( 4.6%) |
| Median Home Value | $315,236 |
| Average Home Value | $358,599 |
Housing Distribution
Address Breakdown
Residential
2,268
Single Family
2,029
Multi-Family
239
Businesses
197
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices