936 Flora LnFrankenmuthMI48734
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 936 Flora Ln, Frankenmuth, MI, 48734 in Frankenmuth. Rental yield 3.65%. At $345,000 with 3.65% gross yield, current distributions are modest, but the 5% appreciation rate projects $95,317 in new equity by year five, complemented by $3,177/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.68) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $52,641.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.7% | 7.5% |
| Monthly Cash Flow | $(1,225) | $1,200 |
City averages based on Frankenmuth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,050 |
| Total Monthly Debt Service | $2,138 |
| DSCR Ratio | 0.49x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48734, Frankenmuth, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,489 (100%) |
| Owner Occupied HU | 2,548 (73.0%) |
| Renter Occupied HU | 615 (17.6%) |
| Vacant Housing Units | 326 ( 9.3%) |
| Median Home Value | $293,473 |
| Average Home Value | $343,000 |
Housing Distribution
Address Breakdown
Residential
3,371
Single Family
3,036
Multi-Family
335
Businesses
442
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
Condo
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48734, Frankenmuth, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,489 (100%) |
| Owner Occupied HU | 2,548 (73.0%) |
| Renter Occupied HU | 615 (17.6%) |
| Vacant Housing Units | 326 ( 9.3%) |
| Median Home Value | $293,473 |
| Average Home Value | $343,000 |
Housing Distribution
Address Breakdown
Residential
3,371
Single Family
3,036
Multi-Family
335
Businesses
442
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deborah Federau • Keller Williams Realty Lansing
Mls Name: MiRealSource
Mls ID: #50194721