9103 N Union St LOT 190TecumsehMI49286
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 9103 N Union St LOT 190, Tecumseh, MI, 49286 in Tecumseh speaks for itself: 28.12% gross on a $106,550 price, generating $2,497/mo in rent and $1,795/mo in net income after the $479/mo debt service. DSCR 5.21, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $21,535 stacks alongside $29,438 in projected five-year appreciation and $981/yr in principal reduction. Projected total cumulative return: $156,056.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 28.1% | 6.5% |
| Monthly Cash Flow | $1,795 | $1,200 |
City averages based on Tecumseh market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,497 |
| Total Monthly Debt Service | $660 |
| DSCR Ratio | 3.78x |
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.
Manufactured
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49286, Tecumseh, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,681 (100%) |
| Owner Occupied HU | 5,228 (78.3%) |
| Renter Occupied HU | 1,085 (16.2%) |
| Vacant Housing Units | 368 ( 5.5%) |
| Median Home Value | $242,452 |
| Average Home Value | $272,261 |
Housing Distribution
Address Breakdown
Residential
6,441
Single Family
6,049
Multi-Family
392
Businesses
453
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
Manufactured
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49286, Tecumseh, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,681 (100%) |
| Owner Occupied HU | 5,228 (78.3%) |
| Renter Occupied HU | 1,085 (16.2%) |
| Vacant Housing Units | 368 ( 5.5%) |
| Median Home Value | $242,452 |
| Average Home Value | $272,261 |
Housing Distribution
Address Breakdown
Residential
6,441
Single Family
6,049
Multi-Family
392
Businesses
453
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices