225 Bischoff RdTawas CityMI48763
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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 Tawas City at 225 Bischoff Rd, Tawas City, MI, 48763 priced at $359,000 pairs $1,817/mo rent with after a $1,757/mo payment. Total monthly income equals $1,817/mo. Return on cash invested is 14.36% in year one, and rental yield stands at 6.07% on a $359,000 basis. Equity gained on principal adds $2,317/yr, and 5% annual appreciation accumulates to $99,185 by year five. Five-year ROI measures 73.62% and total cumulative return in cash reaches $87,619. For financing, Ziffy Mortgage’s DSCR program evaluates $1,817/mo property income against a $1,757/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2015
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48763, Tawas City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,192 (100%) |
| Owner Occupied HU | 1,972 (61.8%) |
| Renter Occupied HU | 328 (10.3%) |
| Vacant Housing Units | 892 (27.9%) |
| Median Home Value | $173,474 |
| Average Home Value | $219,190 |
Housing Distribution
Address Breakdown
Residential
2,356
Single Family
2,356
Multi-Family
0
Businesses
135
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Nearby investment properties with comparable prices
Listed by: SCOTT LINGO • TARGET REAL ESTATE COMPANY
Mls Name: NGLRMLS
Mls ID: #1938910