118 Ausable State RdBay CityMI48706
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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 Bay City at 118 Ausable State Rd, Bay City, MI, 48706 with 5% annual appreciation on a $164,900 basis while $1,290/mo rent supports operations. Total monthly income totals $1,290/mo and a $807/mo payment preserves $203/mo for cash returns. Annual cash flow comes to $2,432/yr on $54,664 deployed, and return on cash invested reaches 24.36% in year one. Equity gained on principal adds $1,064/yr, and five-year appreciation sums $45,559 alongside rental yield of 9.39%. Five-year ROI measures 127.24% and total cumulative return in cash totals $69,556.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,290/mo property income versus a $807/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1939
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48706, Bay City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,544 (100%) |
| Owner Occupied HU | 13,819 (74.5%) |
| Renter Occupied HU | 3,586 (19.3%) |
| Vacant Housing Units | 1,139 ( 6.1%) |
| Median Home Value | $169,366 |
| Average Home Value | $211,566 |
Housing Distribution
Address Breakdown
Residential
17,819
Single Family
16,686
Multi-Family
1,133
Businesses
1,168
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