2184 Sand Beach RdBad AxeMI48413
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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 Bad Axe at 2184 Sand Beach Rd, Bad Axe, MI, 48413 uses $39,117 cash to close to unlock $1,769/yr annual cash flow and $147/mo monthly cash flow. Total monthly income runs $926/mo, and a $578/mo payment keeps the spread at $147/mo. Purchase price stands at $118,000, and rental yield measures 9.42% with $926/mo rent. Return on cash invested shows 24.43% in year one, and 5% annual appreciation builds toward $32,601 over five years. Five-year ROI reaches 127.72% and total cumulative return in cash records $49,959. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $926/mo property income covering a $578/mo payment rather than investor’s personal income.
Manufactured
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48413, Bad Axe, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,380 (100%) |
| Owner Occupied HU | 2,416 (71.5%) |
| Renter Occupied HU | 677 (20.0%) |
| Vacant Housing Units | 287 ( 8.5%) |
| Median Home Value | $174,658 |
| Average Home Value | $223,450 |
Housing Distribution
Address Breakdown
Residential
3,212
Single Family
2,960
Multi-Family
252
Businesses
527
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