8223 Meisner RdCascoMI48064
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 8223 Meisner Rd, Casco, MI, 48064 in Casco. Rental yield 7.12%. The 1.32 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $114,657 and $3,822/yr in principal reduction project total return of $140,439.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 7.0% |
| Monthly Cash Flow | $(274) | $450 |
City averages based on Casco market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,462 |
| Total Monthly Debt Service | $2,572 |
| DSCR Ratio | 0.96x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1992
5.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48064, Casco, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,712 (100%) |
| Owner Occupied HU | 1,553 (90.7%) |
| Renter Occupied HU | 115 ( 6.7%) |
| Vacant Housing Units | 44 ( 2.6%) |
| Median Home Value | $291,802 |
| Average Home Value | $299,007 |
Housing Distribution
Address Breakdown
Residential
1,741
Single Family
1,309
Multi-Family
432
Businesses
53
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 1992
5.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48064, Casco, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,712 (100%) |
| Owner Occupied HU | 1,553 (90.7%) |
| Renter Occupied HU | 115 ( 6.7%) |
| Vacant Housing Units | 44 ( 2.6%) |
| Median Home Value | $291,802 |
| Average Home Value | $299,007 |
Housing Distribution
Address Breakdown
Residential
1,741
Single Family
1,309
Multi-Family
432
Businesses
53
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices