9549 W Limits StMancelonaMI49659
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 9549 W Limits St, Mancelona, MI, 49659 in Mancelona deserves attention. This $165,000 property earns $1,602/mo in rent, a 11.65% gross yield, and nets $514/mo after the $742/mo payment. DSCR 2.16 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $45,586 compounds alongside $1,520/yr in yearly equity build, for a total cumulative return of $95,942.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 6.0% |
| Monthly Cash Flow | $514 | $300 |
City averages based on Mancelona market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,602 |
| Total Monthly Debt Service | $1,022 |
| DSCR Ratio | 1.57x |
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 1910
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49659, Mancelona, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,599 (100%) |
| Owner Occupied HU | 2,407 (52.3%) |
| Renter Occupied HU | 437 ( 9.5%) |
| Vacant Housing Units | 1,755 (38.2%) |
| Median Home Value | $167,432 |
| Average Home Value | $208,685 |
Housing Distribution
Address Breakdown
Residential
2,679
Single Family
2,663
Multi-Family
16
Businesses
136
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 1910
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49659, Mancelona, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,599 (100%) |
| Owner Occupied HU | 2,407 (52.3%) |
| Renter Occupied HU | 437 ( 9.5%) |
| Vacant Housing Units | 1,755 (38.2%) |
| Median Home Value | $167,432 |
| Average Home Value | $208,685 |
Housing Distribution
Address Breakdown
Residential
2,679
Single Family
2,663
Multi-Family
16
Businesses
136
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathleen Lightbody • Key Realty - TC
Mls Name: WWMLS
Mls Provider:
Mls ID: #201833859
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