9551 Imlay City RdAvocaMI48006
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderFor first-time U.S. investors or those diversifying conservatively, 9551 Imlay City Rd, Avoca, MI, 48006 in Avoca offers a clean, manageable entry. Rental yield 7.37%. DSCR 1.30 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $80,094 in additional property value over five years, with $2,430/yr in principal equity building ownership stake. Total projected cumulative return: $96,577.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 7.0% |
| Monthly Cash Flow | $(132) | $850 |
City averages based on Avoca market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,780 |
| Total Monthly Debt Service | $1,867 |
| DSCR Ratio | 0.95x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1996
2.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48006, Avoca, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,565 (100%) |
| Owner Occupied HU | 1,356 (86.6%) |
| Renter Occupied HU | 112 ( 7.2%) |
| Vacant Housing Units | 97 ( 6.2%) |
| Median Home Value | $289,954 |
| Average Home Value | $306,615 |
Housing Distribution
Address Breakdown
Residential
1,475
Single Family
1,475
Multi-Family
0
Businesses
29
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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
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