814 Carom CirMasonMI48854
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 814 Carom Cir, Mason, MI, 48854 in Mason: $1,513/mo in rent, $303/mo in net income, 11.35% gross yield, 2.10 DSCR, all at $159,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $44,177 in appreciation and $1,473/yr in principal paydown projects total cumulative return of $81,103.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 8.0% |
| Monthly Cash Flow | $303 | $350 |
City averages based on Mason market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,513 |
| Total Monthly Debt Service | $1,147 |
| DSCR Ratio | 1.32x |
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.
Condo
Built in 2005
N/A lot
$N/A/sqft
$156 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48854, Mason, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,950 (100%) |
| Owner Occupied HU | 6,261 (78.8%) |
| Renter Occupied HU | 1,385 (17.4%) |
| Vacant Housing Units | 304 ( 3.8%) |
| Median Home Value | $265,466 |
| Average Home Value | $287,694 |
Housing Distribution
Address Breakdown
Residential
8,001
Single Family
7,459
Multi-Family
542
Businesses
509
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
Condo
Built in 2005
N/A lot
$N/A/sqft
$156 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48854, Mason, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,950 (100%) |
| Owner Occupied HU | 6,261 (78.8%) |
| Renter Occupied HU | 1,385 (17.4%) |
| Vacant Housing Units | 304 ( 3.8%) |
| Median Home Value | $265,466 |
| Average Home Value | $287,694 |
Housing Distribution
Address Breakdown
Residential
8,001
Single Family
7,459
Multi-Family
542
Businesses
509
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Keith Langston • Bellabay Realty, LLC
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #290575
Disclaimer: IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2025 Greater Lansing Association of REALTORS