1040 N Huron RdAu GresMI48763
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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 Au Gres at 1040 N Huron Rd, Au Gres, MI, 48763 earns from $2,136/mo rent with a $3,367/mo payment. Total monthly income totals $2,136/mo. ROI tracks 7.33% on current figures, and rental yield reads 3.73% at a $688,000 purchase. Equity gained on principal adds $4,440/yr, and 5% annual appreciation supports $190,082 over five years. Five-year ROI reaches 35.91% and total cumulative return in cash sums $81,292. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,136/mo property income instead of your personal income.
Single Family
Built in 1978
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48763, Tawas City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,192 (100%) |
| Owner Occupied HU | 1,972 (61.8%) |
| Renter Occupied HU | 328 (10.3%) |
| Vacant Housing Units | 892 (27.9%) |
| Median Home Value | $173,474 |
| Average Home Value | $219,190 |
Housing Distribution
Address Breakdown
Residential
2,356
Single Family
2,356
Multi-Family
0
Businesses
135
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