9761 Parrot Cir SEFife LakeMI49633
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 9761 Parrot Cir SE, Fife Lake, MI, 49633 in Fife Lake speaks for itself: 13.79% gross on a $174,900 price, generating $2,010/mo in rent and $857/mo in net income after the $786/mo debt service. DSCR 2.56, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,279 stacks alongside $48,322 in projected five-year appreciation and $1,611/yr in principal reduction. Projected total cumulative return: $121,801.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.8% | 7.5% |
| Monthly Cash Flow | $857 | $150 |
City averages based on Fife Lake market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,010 |
| Total Monthly Debt Service | $1,084 |
| DSCR Ratio | 1.85x |
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 1950
1.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49633, Fife Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,597 (100%) |
| Owner Occupied HU | 1,542 (59.4%) |
| Renter Occupied HU | 193 ( 7.4%) |
| Vacant Housing Units | 862 (33.2%) |
| Median Home Value | $229,213 |
| Average Home Value | $271,318 |
Housing Distribution
Address Breakdown
Residential
1,837
Single Family
1,837
Multi-Family
0
Businesses
66
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 1950
1.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49633, Fife Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,597 (100%) |
| Owner Occupied HU | 1,542 (59.4%) |
| Renter Occupied HU | 193 ( 7.4%) |
| Vacant Housing Units | 862 (33.2%) |
| Median Home Value | $229,213 |
| Average Home Value | $271,318 |
Housing Distribution
Address Breakdown
Residential
1,837
Single Family
1,837
Multi-Family
0
Businesses
66
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices