8170 E Joiner StChaseMI49623
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 8170 E Joiner St, Chase, MI, 49623 in Chase at $279,900 earns $1,927/mo in rent and nets $81/mo after the $1,259/mo payment, a 8.26% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $77,331 over five years. Ziffy Mortgage underwrites this on a 1.53 DSCR without U.S. credit history. With $2,578/yr in principal paydown, total projected return reaches $111,856.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.5% |
| Monthly Cash Flow | $81 | $650 |
City averages based on Chase market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,927 |
| Total Monthly Debt Service | $1,734 |
| DSCR Ratio | 1.11x |
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 1884
1.22 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
Single Family
Built in 1884
1.22 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