9700 Fenner RdPerryMI48872
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 9700 Fenner Rd, Perry, MI, 48872 in Perry hard to pass up. The 11.03% gross yield on a $380,000 purchase results in $3,494/mo in rent and $988/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.04). Annual cash flow of $11,862, five-year appreciation of $104,987, and $3,500/yr in equity build-up combine for a projected total cumulative return of $208,314.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 7.0% |
| Monthly Cash Flow | $988 | $350 |
City averages based on Perry market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,494 |
| Total Monthly Debt Service | $2,355 |
| DSCR Ratio | 1.48x |
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 1952
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48872, Perry, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,016 (100%) |
| Owner Occupied HU | 2,444 (81.0%) |
| Renter Occupied HU | 437 (14.5%) |
| Vacant Housing Units | 135 ( 4.5%) |
| Median Home Value | $255,785 |
| Average Home Value | $276,841 |
Housing Distribution
Address Breakdown
Residential
2,885
Single Family
2,885
Multi-Family
0
Businesses
106
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 1952
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48872, Perry, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,016 (100%) |
| Owner Occupied HU | 2,444 (81.0%) |
| Renter Occupied HU | 437 (14.5%) |
| Vacant Housing Units | 135 ( 4.5%) |
| Median Home Value | $255,785 |
| Average Home Value | $276,841 |
Housing Distribution
Address Breakdown
Residential
2,885
Single Family
2,885
Multi-Family
0
Businesses
106
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices