98 Lamotte StSanduskyMI48471
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 98 Lamotte St, Sandusky, MI, 48471 in Sandusky: $2,350/mo in rent, $1,312/mo net, 18.7% gross yield, all on a $150,800 acquisition. The 3.47 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $41,663 in value, and $1,389/yr in principal paydown steadily builds equity. Projected total cumulative return: $142,111.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.7% | 8.0% |
| Monthly Cash Flow | $1,312 | $250 |
City averages based on Sandusky market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,350 |
| Total Monthly Debt Service | $978 |
| DSCR Ratio | 2.40x |
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 N/A
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48471, Sandusky, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,636 (100%) |
| Owner Occupied HU | 1,719 (65.2%) |
| Renter Occupied HU | 702 (26.6%) |
| Vacant Housing Units | 215 ( 8.2%) |
| Median Home Value | $162,345 |
| Average Home Value | $217,945 |
Housing Distribution
Address Breakdown
Residential
2,459
Single Family
2,118
Multi-Family
341
Businesses
286
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 N/A
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48471, Sandusky, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,636 (100%) |
| Owner Occupied HU | 1,719 (65.2%) |
| Renter Occupied HU | 702 (26.6%) |
| Vacant Housing Units | 215 ( 8.2%) |
| Median Home Value | $162,345 |
| Average Home Value | $217,945 |
Housing Distribution
Address Breakdown
Residential
2,459
Single Family
2,118
Multi-Family
341
Businesses
286
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices