2108 McKinley StBay CityMI48708
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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
Rental property for sale in Bay City at 2108 McKinley St, Bay City, MI, 48708 generates $1,838/mo in rent and, after a $743/mo payment, leaves $837/mo in cash flow. Total monthly income is $1,838/mo, and annual cash flow is $10,041/yr on $50,355 invested. Return on cash invested sits at 39.85% in year one, and rental yield is 14.52% on a $151,900 entry. Equity gained on principal adds $980/yr, while 5% annual appreciation builds toward $41,967 over five years. Five-year ROI reaches 210.31% and total cumulative return in cash sums $105,902. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,838/mo property income rather than buyer’s personal income.
Single Family
Built in 1919
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48708, Bay City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,810 (100%) |
| Owner Occupied HU | 8,107 (63.3%) |
| Renter Occupied HU | 3,541 (27.6%) |
| Vacant Housing Units | 1,162 ( 9.1%) |
| Median Home Value | $113,877 |
| Average Home Value | $149,537 |
Housing Distribution
Address Breakdown
Residential
11,868
Single Family
10,701
Multi-Family
1,167
Businesses
829
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Listed by: Gretchen Meeker • CENTURY 21 SIGNATURE - Mt. Pleasant
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1937438
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.