9071 Coon Lake RdGregoryMI48137
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 9071 Coon Lake Rd, Gregory, MI, 48137 in Gregory worth modelling. At $385,000 with a 8.19% gross yield, the $2,628/mo rent leaves $89/mo after the $1,731/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.52 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $106,368 by year five; $3,546/yr in principal reduction adds further equity. Total projected return: $152,440.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 8.0% |
| Monthly Cash Flow | $89 | $150 |
City averages based on Gregory market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,628 |
| Total Monthly Debt Service | $2,386 |
| DSCR Ratio | 1.10x |
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 2002
2.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48137, Gregory, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,288 (100%) |
| Owner Occupied HU | 1,882 (82.3%) |
| Renter Occupied HU | 110 ( 4.8%) |
| Vacant Housing Units | 296 (12.9%) |
| Median Home Value | $343,612 |
| Average Home Value | $365,863 |
Housing Distribution
Address Breakdown
Residential
2,031
Single Family
2,031
Multi-Family
0
Businesses
47
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 2002
2.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48137, Gregory, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,288 (100%) |
| Owner Occupied HU | 1,882 (82.3%) |
| Renter Occupied HU | 110 ( 4.8%) |
| Vacant Housing Units | 296 (12.9%) |
| Median Home Value | $343,612 |
| Average Home Value | $365,863 |
Housing Distribution
Address Breakdown
Residential
2,031
Single Family
2,031
Multi-Family
0
Businesses
47
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices