9185 California RdBridgmanMI49106
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 9185 California Rd, Bridgman, MI, 49106 in Bridgman speaks for itself: 17.13% gross on a $290,000 price, generating $4,139/mo in rent and $2,226/mo in net income after the $1,304/mo debt service. DSCR 3.17, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $26,717 stacks alongside $80,122 in projected five-year appreciation and $2,671/yr in principal reduction. Projected total cumulative return: $253,760.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17.1% | 7.0% |
| Monthly Cash Flow | $2,226 | $850 |
City averages based on Bridgman market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,139 |
| Total Monthly Debt Service | $1,797 |
| DSCR Ratio | 2.30x |
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 1995
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49106, Bridgman, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,220 (100%) |
| Owner Occupied HU | 1,461 (65.8%) |
| Renter Occupied HU | 372 (16.8%) |
| Vacant Housing Units | 387 (17.4%) |
| Median Home Value | $296,944 |
| Average Home Value | $355,914 |
Housing Distribution
Address Breakdown
Residential
2,215
Single Family
2,066
Multi-Family
149
Businesses
156
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 1995
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49106, Bridgman, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,220 (100%) |
| Owner Occupied HU | 1,461 (65.8%) |
| Renter Occupied HU | 372 (16.8%) |
| Vacant Housing Units | 387 (17.4%) |
| Median Home Value | $296,944 |
| Average Home Value | $355,914 |
Housing Distribution
Address Breakdown
Residential
2,215
Single Family
2,066
Multi-Family
149
Businesses
156
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices