8989 Steffas RdMaybeeMI48159
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 4.4% gross rental yield, 8989 Steffas Rd, Maybee, MI, 48159 in Maybee is priced for capital growth, not immediate cash flow. The $719,900 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $198,895 by year five, with $6,630/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.82) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $138,800.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.4% | 7.2% |
| Monthly Cash Flow | $(2,105) | $450 |
City averages based on Maybee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,642 |
| Total Monthly Debt Service | $4,461 |
| DSCR Ratio | 0.59x |
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 2021
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48159, Maybee, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,020 (100%) |
| Owner Occupied HU | 898 (88.0%) |
| Renter Occupied HU | 87 ( 8.5%) |
| Vacant Housing Units | 35 ( 3.4%) |
| Median Home Value | $303,896 |
| Average Home Value | $316,796 |
Housing Distribution
Address Breakdown
Residential
915
Single Family
915
Multi-Family
0
Businesses
30
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 2021
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48159, Maybee, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,020 (100%) |
| Owner Occupied HU | 898 (88.0%) |
| Renter Occupied HU | 87 ( 8.5%) |
| Vacant Housing Units | 35 ( 3.4%) |
| Median Home Value | $303,896 |
| Average Home Value | $316,796 |
Housing Distribution
Address Breakdown
Residential
915
Single Family
915
Multi-Family
0
Businesses
30
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices