924 Turner RdKingsfordMI49802
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 924 Turner Rd, Kingsford, MI, 49802 in Kingsford hard to pass up. The 10.62% gross yield on a $399,000 purchase results in $3,532/mo in rent and $900/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.97). Annual cash flow of $10,805, five-year appreciation of $110,236, and $3,675/yr in equity build-up combine for a projected total cumulative return of $209,993.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 7.2% |
| Monthly Cash Flow | $900 | $150 |
City averages based on Kingsford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,532 |
| Total Monthly Debt Service | $2,472 |
| DSCR Ratio | 1.43x |
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 1985
0.47 Acres lot
$N/A/sqft
No HOA
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 1985
0.47 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices