821 N Main StOmerMI48749
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow821 N Main St, Omer, MI, 48749 in Omer is a top-tier cash-flow asset. At $165,000 it produces $2,677/mo in rent and $1,589/mo in net monthly income, a 19.47% gross rental yield. The DSCR of 3.61 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $19,069. Five-year appreciation adds $45,586, driving a total cumulative return of $165,134.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 19.5% | 9.1% |
| Monthly Cash Flow | $1,589 | $550 |
City averages based on Omer market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,677 |
| Total Monthly Debt Service | $1,022 |
| DSCR Ratio | 2.62x |
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 1948
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48749, Omer, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 536 (100%) |
| Owner Occupied HU | 352 (65.7%) |
| Renter Occupied HU | 42 ( 7.8%) |
| Vacant Housing Units | 142 (26.5%) |
| Median Home Value | $136,538 |
| Average Home Value | $184,276 |
Housing Distribution
Address Breakdown
Residential
483
Single Family
483
Multi-Family
0
Businesses
24
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 1948
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48749, Omer, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 536 (100%) |
| Owner Occupied HU | 352 (65.7%) |
| Renter Occupied HU | 42 ( 7.8%) |
| Vacant Housing Units | 142 (26.5%) |
| Median Home Value | $136,538 |
| Average Home Value | $184,276 |
Housing Distribution
Address Breakdown
Residential
483
Single Family
483
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices