9040 Loggers RunNewportMI48166
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 9040 Loggers Run, Newport, MI, 48166 in Newport speaks for itself: 13.82% gross on a $347,490 price, generating $4,003/mo in rent and $1,670/mo in net income after the $1,563/mo debt service. DSCR 2.56, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $20,040 stacks alongside $96,005 in projected five-year appreciation and $3,200/yr in principal reduction. Projected total cumulative return: $239,999.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.8% | 7.0% |
| Monthly Cash Flow | $1,670 | $300 |
City averages based on Newport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,003 |
| Total Monthly Debt Service | $2,195 |
| DSCR Ratio | 1.82x |
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 2024
7,405 sqft lot
$N/A/sqft
$250 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48166, Newport, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,410 (100%) |
| Owner Occupied HU | 4,164 (77.0%) |
| Renter Occupied HU | 1,007 (18.6%) |
| Vacant Housing Units | 239 ( 4.4%) |
| Median Home Value | $263,468 |
| Average Home Value | $257,188 |
Housing Distribution
Address Breakdown
Residential
5,226
Single Family
4,686
Multi-Family
540
Businesses
135
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 2024
7,405 sqft lot
$N/A/sqft
$250 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48166, Newport, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,410 (100%) |
| Owner Occupied HU | 4,164 (77.0%) |
| Renter Occupied HU | 1,007 (18.6%) |
| Vacant Housing Units | 239 ( 4.4%) |
| Median Home Value | $263,468 |
| Average Home Value | $257,188 |
Housing Distribution
Address Breakdown
Residential
5,226
Single Family
4,686
Multi-Family
540
Businesses
135
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices