2135 68th StFennvilleMI49408
INVESTMENT ANALYSIS
Investment Verdict
Solid Income2135 68th St, Fennville, MI, 49408 in Fennville is a solid income-producing rental, 8.73% gross yield, $4,068/mo rent, $382/mo net cash flow on a $559,000 buy. DSCR 1.62 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $154,441 and $5,148/yr in principal reduction project a total cumulative return of $237,489.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.2% |
| Monthly Cash Flow | $382 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
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 | $4,068 |
| Total Monthly Debt Service | $3,464 |
| DSCR Ratio | 1.17x |
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 1900
2.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49408, Fennville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,896 (100%) |
| Owner Occupied HU | 3,416 (69.8%) |
| Renter Occupied HU | 538 (11.0%) |
| Vacant Housing Units | 942 (19.2%) |
| Median Home Value | $330,769 |
| Average Home Value | $479,057 |
Housing Distribution
Address Breakdown
Residential
4,202
Single Family
4,062
Multi-Family
140
Businesses
143
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 1900
2.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49408, Fennville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,896 (100%) |
| Owner Occupied HU | 3,416 (69.8%) |
| Renter Occupied HU | 538 (11.0%) |
| Vacant Housing Units | 942 (19.2%) |
| Median Home Value | $330,769 |
| Average Home Value | $479,057 |
Housing Distribution
Address Breakdown
Residential
4,202
Single Family
4,062
Multi-Family
140
Businesses
143
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices