8603 Killinger RdFowlervilleMI48836
INVESTMENT ANALYSIS
Investment Verdict
Solid Income8603 Killinger Rd, Fowlerville, MI, 48836 in Fowlerville is a solid income-producing rental, 9.95% gross yield, $2,488/mo rent, $509/mo net cash flow on a $300,000 buy. DSCR 1.84 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $82,884 and $2,763/yr in principal reduction project a total cumulative return of $147,064.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 8.0% |
| Monthly Cash Flow | $509 | $350 |
City averages based on Fowlerville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,488 |
| Total Monthly Debt Service | $1,859 |
| DSCR Ratio | 1.34x |
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 1968
3.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48836, Fowlerville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,501 (100%) |
| Owner Occupied HU | 4,694 (85.3%) |
| Renter Occupied HU | 657 (11.9%) |
| Vacant Housing Units | 150 ( 2.7%) |
| Median Home Value | $278,107 |
| Average Home Value | $325,316 |
Housing Distribution
Address Breakdown
Residential
5,441
Single Family
5,381
Multi-Family
60
Businesses
337
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 1968
3.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48836, Fowlerville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,501 (100%) |
| Owner Occupied HU | 4,694 (85.3%) |
| Renter Occupied HU | 657 (11.9%) |
| Vacant Housing Units | 150 ( 2.7%) |
| Median Home Value | $278,107 |
| Average Home Value | $325,316 |
Housing Distribution
Address Breakdown
Residential
5,441
Single Family
5,381
Multi-Family
60
Businesses
337
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Realcomp II
Mls ID: #20261000400