111 W Tawas Lake RdEast TawasMI48730
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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 East Tawas at 111 W Tawas Lake Rd, East Tawas, MI, 48730 at $249,900 posts ROI 18.01% with from $1,517/mo rent. Total monthly income equals $1,517/mo. Return on cash invested measures 18.01% and rental yield reads 7.28% at the current $249,900. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 by year five. Five-year ROI prints 93.26% and total cumulative return in cash totals $77,258. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,517/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48730, East Tawas, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,578 (100%) |
| Owner Occupied HU | 1,743 (48.7%) |
| Renter Occupied HU | 427 (11.9%) |
| Vacant Housing Units | 1,408 (39.4%) |
| Median Home Value | $155,845 |
| Average Home Value | $197,652 |
Housing Distribution
Address Breakdown
Residential
2,506
Single Family
2,506
Multi-Family
0
Businesses
275
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Listed by: Christine Kilmer • Heritage House Realty, Oscoda/AuSable
Mls Name: RMLS Multi-List
Mls ID: #088-24-0052