150 Roberta DrTawas CityMI48763
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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 Tawas City at 150 Roberta Dr, Tawas City, MI, 48763 earns $471/mo cash flow from $1,592/mo rent with a $832/mo payment. Total monthly income totals $1,592/mo, and annual cash flow totals $5,654/yr on $56,322 capital. ROI tracks 29.95% on current figures, and rental yield reads 11.24% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 157.28% and total cumulative return in cash sums $88,586. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,592/mo property income instead of your personal income.
Single Family
Built in 1985
0.27 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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Listed by: JENNIFER THOMPSON • TAWAS SUNSHINE REALTY
Mls Name: NGLRMLS
Mls ID: #1938164