102 Oak StPrudenvilleMI48651
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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
Investment Highlights
Investment property for sale in Prudenville at 102 Oak St, Prudenville, MI, 48651 listed at $156,500 pairs $1,451/mo rent with a $766/mo payment to leave $419/mo cash flow. Total monthly income runs $1,451/mo, and annual cash flow reaches $5,027/yr on $51,880 cash to close. Return on cash invested measures 29.6% in year one, and rental yield registers 11.13% at a $156,500 basis. Equity gained on principal adds $1,010/yr, and annual property appreciation at 5% supports $43,238 by year five. Five-year ROI tracks 155.33% and total cumulative return in cash totals $80,587. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,451/mo property income relative to a $766/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48651, Prudenville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,094 (100%) |
| Owner Occupied HU | 1,832 (44.7%) |
| Renter Occupied HU | 480 (11.7%) |
| Vacant Housing Units | 1,782 (43.5%) |
| Median Home Value | $208,261 |
| Average Home Value | $247,688 |
Housing Distribution
Address Breakdown
Residential
2,693
Single Family
2,621
Multi-Family
72
Businesses
165
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Nearby investment properties with comparable prices
Listed by: Rhonda VanderVelde • Coldwell Banker Schmidt-Cadillac
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1936304
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.