9397 Emerald DrSaint HelenMI48656
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 9397 Emerald Dr, Saint Helen, MI, 48656 in Saint Helen. At $164,900 it earns $1,453/mo in rent and distributes $366/mo to the owner after the $741/mo payment, a consistent 10.58% yield. DSCR 1.96 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $45,559 in value; $1,519/yr in principal paydown compounds ownership stake. Total projected return: $86,381.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 9.5% |
| Monthly Cash Flow | $366 | $350 |
City averages based on Saint Helen market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,453 |
| Total Monthly Debt Service | $1,022 |
| DSCR Ratio | 1.42x |
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 1960
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48656, Saint Helen, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,748 (100%) |
| Owner Occupied HU | 1,657 (44.2%) |
| Renter Occupied HU | 312 ( 8.3%) |
| Vacant Housing Units | 1,779 (47.5%) |
| Median Home Value | $123,157 |
| Average Home Value | $172,382 |
Housing Distribution
Address Breakdown
Residential
2,300
Single Family
2,293
Multi-Family
7
Businesses
91
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 1960
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48656, Saint Helen, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,748 (100%) |
| Owner Occupied HU | 1,657 (44.2%) |
| Renter Occupied HU | 312 ( 8.3%) |
| Vacant Housing Units | 1,779 (47.5%) |
| Median Home Value | $123,157 |
| Average Home Value | $172,382 |
Housing Distribution
Address Breakdown
Residential
2,300
Single Family
2,293
Multi-Family
7
Businesses
91
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sada V McNiel • ERA Prime Real Estate Group
Mls Name: MiRealSource
Mls ID: #50189492