1963 S Poor Farm Rd, Mikado, MI, 48745 | $488/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
1724 sft

9515A Montana St, Oscoda, MI, 48750

3 Bed
2 Bath
2117 sft

1251 S Crescent Rd, Harrisville, MI, 48740

3 Bed
2 Bath
1300 sft

557 E Miller Rd, Lincoln, MI, 48742

3 Bed
1 Bath
1136 sft

5974 Cedar Dr, Hubbard Lake, MI, 49747

Nearby investment properties with comparable prices

2 Bed
1 Bath
3714 sft

3497 N Us Highway 23, Oscoda, MI, 48750

$ 229,000

ROI

Cash Flow/m

3 Bed
1 Bath
1170 sft

2800 Arrowhead Trl, Glennie, MI, 48737

3 Bed
1 Bath
1520 sft

5949 N Us Highway 23, Spruce, MI, 48762

3 Bed
2 Bath
2438 sft

4451 Bissonette Rd, Oscoda, MI, 48750

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

Rental property for sale in Mikado at 1963 S Poor Farm Rd, Mikado, MI, 48745 priced at $269,000 converts $2,262/mo rent into $488/mo cash flow after a $1,317/mo obligation. Total monthly income equals $2,262/mo, and annual cash flow totals $5,852/yr on $89,174 invested. Return on cash invested prints 26.47% in year one, and rental yield reads 10.09% against a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation compiles into $74,320 by year five. Five-year ROI reaches 138.58% and total cumulative return in cash sums $123,575. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,262/mo property income covering a $1,317/mo payment, not borrower’s personal income.

Single Family

Built in N/A

N/A lot

$N/A/sqft

No HOA