W17553 & 7 E Sprang RdCurtisMI49820
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, W17553 & 7 E Sprang Rd, Curtis, MI, 49820 in Curtis is a conservative rental investment at $483,700. Rental yield 6.97%. A 1.29 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $133,637; $4,455/yr in principal paydown supplements. Total projected return: $159,758.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7% | 6.0% |
| Monthly Cash Flow | $(381) | $800 |
City averages based on Curtis 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 | $2,809 |
| Total Monthly Debt Service | $2,997 |
| DSCR Ratio | 0.94x |
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 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49820, Curtis, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 596 (100%) |
| Owner Occupied HU | 225 (37.8%) |
| Renter Occupied HU | 25 ( 4.2%) |
| Vacant Housing Units | 346 (58.1%) |
| Median Home Value | $267,045 |
| Average Home Value | $270,400 |
Housing Distribution
Address Breakdown
Residential
89
Single Family
89
Multi-Family
0
Businesses
47
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 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49820, Curtis, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 596 (100%) |
| Owner Occupied HU | 225 (37.8%) |
| Renter Occupied HU | 25 ( 4.2%) |
| Vacant Housing Units | 346 (58.1%) |
| Median Home Value | $267,045 |
| Average Home Value | $270,400 |
Housing Distribution
Address Breakdown
Residential
89
Single Family
89
Multi-Family
0
Businesses
47
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices