7940 S Derby RdSheridanMI48884
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 7940 S Derby Rd, Sheridan, MI, 48884 in Sheridan speaks for itself: 10.6% gross on a $268,000 price, generating $2,368/mo in rent and $600/mo in net income after the $1,205/mo debt service. DSCR 1.97, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,203 stacks alongside $74,043 in projected five-year appreciation and $2,468/yr in principal reduction. Projected total cumulative return: $140,780.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.0% |
| Monthly Cash Flow | $600 | $200 |
City averages based on Sheridan market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,368 |
| Total Monthly Debt Service | $1,661 |
| DSCR Ratio | 1.43x |
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 1974
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48884, Sheridan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,784 (100%) |
| Owner Occupied HU | 1,378 (77.2%) |
| Renter Occupied HU | 245 (13.7%) |
| Vacant Housing Units | 161 ( 9.0%) |
| Median Home Value | $223,711 |
| Average Home Value | $231,154 |
Housing Distribution
Address Breakdown
Residential
1,709
Single Family
1,668
Multi-Family
41
Businesses
66
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 1974
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48884, Sheridan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,784 (100%) |
| Owner Occupied HU | 1,378 (77.2%) |
| Renter Occupied HU | 245 (13.7%) |
| Vacant Housing Units | 161 ( 9.0%) |
| Median Home Value | $223,711 |
| Average Home Value | $231,154 |
Housing Distribution
Address Breakdown
Residential
1,709
Single Family
1,668
Multi-Family
41
Businesses
66
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
