8446 Vinton Ave NWSpartaMI49345
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 8446 Vinton Ave NW, Sparta, MI, 49345 in Sparta is straightforward: $386,500 in, $2,821/mo in rent, $272/mo out after debt service. The 8.76% gross yield and 1.54 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $106,783 by year five. With $3,240/yr in principal equity, the total cumulative return is projected at $157,499.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.0% |
| Monthly Cash Flow | $272 | $450 |
City averages based on Sparta market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,821 |
| Total Monthly Debt Service | $2,489 |
| DSCR Ratio | 1.13x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1959
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49345, Sparta, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,478 (100%) |
| Owner Occupied HU | 4,521 (82.5%) |
| Renter Occupied HU | 800 (14.6%) |
| Vacant Housing Units | 157 ( 2.9%) |
| Median Home Value | $330,262 |
| Average Home Value | $362,473 |
Housing Distribution
Address Breakdown
Residential
5,414
Single Family
5,106
Multi-Family
308
Businesses
339
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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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
