901 Colleen Circle DrQuinnesecMI49876
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow901 Colleen Circle Dr, Quinnesec, MI, 49876 in Quinnesec earns its strong cash-flow label: 11.39% yield, $2,184/mo rent, $667/mo net income, DSCR 2.11. The $230,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $63,545 by year five. Combined with $2,118/yr in principal paydown, total projected return reaches $130,558.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 6.8% |
| Monthly Cash Flow | $667 | $320 |
City averages based on Quinnesec market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,184 |
| Total Monthly Debt Service | $1,425 |
| DSCR Ratio | 1.53x |
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 1977
1.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49876, Quinnesec, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 527 (100%) |
| Owner Occupied HU | 450 (85.4%) |
| Renter Occupied HU | 43 ( 8.2%) |
| Vacant Housing Units | 34 ( 6.5%) |
| Median Home Value | $132,237 |
| Average Home Value | $142,494 |
Housing Distribution
Address Breakdown
Residential
389
Single Family
389
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 1977
1.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49876, Quinnesec, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 527 (100%) |
| Owner Occupied HU | 450 (85.4%) |
| Renter Occupied HU | 43 ( 8.2%) |
| Vacant Housing Units | 34 ( 6.5%) |
| Median Home Value | $132,237 |
| Average Home Value | $142,494 |
Housing Distribution
Address Breakdown
Residential
389
Single Family
389
Multi-Family
0
Businesses
30
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: CHRISTY MINER • MULTI STATE REALTY
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50181715
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.