213 Royal Rd, East Tawas, MI, 48730 | $515/mo Cash Flow

Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1600 sft

9809 Minnesota St #B, Oscoda, MI, 48750

2 Bed
1 Bath
720 sft

1260 Maple St, National City, MI, 48748

1 Bed
1 Bath
880 sft

3930 E Cedar Lake Dr, Greenbush, MI, 48738

3 Bed
2 Bath
1440 sft

6465 M 55, Whittemore, MI, 48770

Nearby investment properties with comparable prices

3 Bed
2 Bath
1255 sft

8012 S Alaska St UNIT A, Oscoda, MI, 48750

3 Bed
2 Bath
980 sft

1392 Kitchen Rd, Whittemore, MI, 48770

1 Bed
1 Bath
504 sft

202 E Water Ave UNIT 11, Oscoda, MI, 48750

2 Bed
2 Bath
924 sft

324 Old Us Highway 23, 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

Investment property for sale in East Tawas at 213 Royal Rd, East Tawas, MI, 48730 offers a 12.86% rental yield on a $124,900 purchase with $1,338/mo rent. Total monthly income registers $1,338/mo, and a $611/mo payment leaves $515/mo available for distribution. Annual cash flow reaches $6,176/yr on $41,404 to close, and return on cash invested stands at 34.83% in year one. Equity gained on principal adds $806/yr while 5% annual appreciation supports $34,508 over five years. Portfolio math shows five-year ROI at 183.37% and total cumulative return in cash at $75,922. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,338/mo property income against a $611/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1960

0.63 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48730, East Tawas, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,578 (100%)
Owner Occupied HU	1,743 (48.7%)
Renter Occupied HU	427 (11.9%)
Vacant Housing Units	1,408 (39.4%)
Median Home Value	$155,845
Average Home Value	$197,652