W7748 Woodland DrMenomineeMI49858
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.94% yield at W7748 Woodland Dr, Menominee, MI, 49858 in Menominee is solid, but the $2,248/mo payment compresses net cash flow to $12/mo at $499,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $138,113 by year five, and $4,604/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.47) without U.S. income documentation. Total projected return: $191,214.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 7.0% |
| Monthly Cash Flow | $12 | $250 |
City averages based on Menominee 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 | $3,308 |
| Total Monthly Debt Service | $3,098 |
| DSCR Ratio | 1.07x |
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 1975
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49858, Menominee, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,238 (100%) |
| Owner Occupied HU | 4,248 (68.1%) |
| Renter Occupied HU | 1,394 (22.3%) |
| Vacant Housing Units | 596 ( 9.6%) |
| Median Home Value | $148,022 |
| Average Home Value | $193,075 |
Housing Distribution
Address Breakdown
Residential
5,917
Single Family
5,464
Multi-Family
453
Businesses
429
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 1975
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49858, Menominee, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,238 (100%) |
| Owner Occupied HU | 4,248 (68.1%) |
| Renter Occupied HU | 1,394 (22.3%) |
| Vacant Housing Units | 596 ( 9.6%) |
| Median Home Value | $148,022 |
| Average Home Value | $193,075 |
Housing Distribution
Address Breakdown
Residential
5,917
Single Family
5,464
Multi-Family
453
Businesses
429
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices