835 Golf Cottage DrLewistonMI49756
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 835 Golf Cottage Dr, Lewiston, MI, 49756 in Lewiston speaks for itself: 18.86% gross on a $170,000 price, generating $2,672/mo in rent and $1,331/mo in net income after the $764/mo debt service. DSCR 3.50, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $15,976 stacks alongside $46,968 in projected five-year appreciation and $1,566/yr in principal reduction. Projected total cumulative return: $151,380.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.9% | 8.3% |
| Monthly Cash Flow | $1,331 | $450 |
City averages based on Lewiston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,672 |
| Total Monthly Debt Service | $1,273 |
| DSCR Ratio | 2.10x |
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 1993
N/A lot
$N/A/sqft
$220 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49756, Lewiston, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,461 (100%) |
| Owner Occupied HU | 1,726 (38.7%) |
| Renter Occupied HU | 227 ( 5.1%) |
| Vacant Housing Units | 2,508 (56.2%) |
| Median Home Value | $218,037 |
| Average Home Value | $232,378 |
Housing Distribution
Address Breakdown
Residential
2,143
Single Family
2,101
Multi-Family
42
Businesses
109
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 1993
N/A lot
$N/A/sqft
$220 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49756, Lewiston, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,461 (100%) |
| Owner Occupied HU | 1,726 (38.7%) |
| Renter Occupied HU | 227 ( 5.1%) |
| Vacant Housing Units | 2,508 (56.2%) |
| Median Home Value | $218,037 |
| Average Home Value | $232,378 |
Housing Distribution
Address Breakdown
Residential
2,143
Single Family
2,101
Multi-Family
42
Businesses
109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices