214 E Main St, Lincoln, MI, 48742 | $1,290/mo Cash Flow

Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
2132 sft

6960 Knollwood Ct, Oscoda, MI, 48750

4 Bed
2 Bath
1919 sft

955 N F 41 Rd, Lincoln, MI, 48742

3 Bed
3 Bath
2898 sft

1950 Sunrise Dr, Greenbush, MI, 48738

3 Bed
2 Bath
1800 sft

10380 Washington Ave, Ossineke, MI, 49766

Nearby investment properties with comparable prices

3 Bed
3 Bath
1200 sft

429 Chester Rd, Oscoda, MI, 48750

3 Bed
2 Bath
1300 sft

225 N 7th St, Harrisville, MI, 48740

Motivated Seller+ 1 more

4 Bed
2 Bath
1762 sft

3962 S Power Dr, Mikado, MI, 48745

4 Bed
2 Bath
1728 sft

4649 River St, 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 Lincoln at 214 E Main St, Lincoln, MI, 48742 uses $71,273 cash to close to unlock $15,474/yr annual cash flow and $1,290/mo monthly cash flow. Total monthly income runs $2,707/mo, and a $1,052/mo payment keeps the spread at $1,290/mo. Purchase price stands at $215,000, and rental yield measures 15.11% with $2,707/mo rent. Return on cash invested shows 41.62% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 219.82% and total cumulative return in cash records $156,673. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,707/mo property income covering a $1,052/mo payment rather than investor’s personal income.

Single Family

Built in N/A

N/A lot

$N/A/sqft

No HOA