W18466 Hoffy RdGermfaskMI49836
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayW18466 Hoffy Rd, Germfask, MI, 49836 in Germfask is priced for appreciation, not yield. Rental yield 2.19%. At $549,900 with a 2.19% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $151,927 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.41) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $40,881.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.2% | 7.2% |
| Monthly Cash Flow | $(2,621) | $600 |
City averages based on Germfask market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,006 |
| Total Monthly Debt Service | $3,408 |
| DSCR Ratio | 0.30x |
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 1968
0.80 Acres lot
$N/A/sqft
No HOA
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 1968
0.80 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Valerie Streeter • Woods N Water Real Estate
Mls Name: EUPBR
Mls Provider:
Mls ID: #25-8
Disclaimer: Copyright Eastern Upper Peninsula Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.