1135 Bay Dr, Tawas City, MI, 48763 | 5.31% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1296 sft

214 S 5th Ave, Tawas City, MI, 48763

3 Bed
1 Bath
1069 sft

6898 Loud Dr, Oscoda, MI, 48750

3 Bed
1 Bath
910 sft

5578 Alvin Rd, Oscoda, MI, 48750

3 Bed
2 Bath
1232 sft

3143 Allen Rd, Hale, MI, 48739

Nearby investment properties with comparable prices

3 Bed
2 Bath
2388 sft

2899 E Midshipman Dr, Au Gres, MI, 48703

3 Bed
1 Bath
880 sft

8022 Long Lake Rd, Hale, MI, 48739

2 Bed
1 Bath
800 sft

1995 E Huron Rd, Au Gres, MI, 48703

4 Bed
3 Bath
3218 sft

1185 N Black Rd, Twining, MI, 48766

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Tawas City at 1135 Bay Dr, Tawas City, MI, 48763 earns from $1,769/mo rent with a $1,958/mo payment. Total monthly income totals $1,769/mo. ROI tracks 12.04% on current figures, and rental yield reads 5.31% at a $400,000 purchase. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 over five years. Five-year ROI reaches 61.19% and total cumulative return in cash sums $81,136. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,769/mo property income instead of your personal income.

Single Family

Built in 1871

0.48 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