23 Old Kawkawlin RdBay CityMI48706
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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 Bay City at 23 Old Kawkawlin Rd, Bay City, MI, 48706 earns $165/mo cash flow from $988/mo rent with a $611/mo payment. Total monthly income totals $988/mo, and annual cash flow totals $1,976/yr on $41,404 capital. ROI tracks 24.68% on current figures, and rental yield reads 9.49% at a $124,900 purchase. Equity gained on principal adds $806/yr, and 5% annual appreciation supports $34,508 over five years. Five-year ROI reaches 129% and total cumulative return in cash sums $53,410. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $988/mo property income instead of your personal income.
Single Family
Built in 1942
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48706, Bay City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,544 (100%) |
| Owner Occupied HU | 13,819 (74.5%) |
| Renter Occupied HU | 3,586 (19.3%) |
| Vacant Housing Units | 1,139 ( 6.1%) |
| Median Home Value | $169,366 |
| Average Home Value | $211,566 |
Housing Distribution
Address Breakdown
Residential
17,819
Single Family
16,686
Multi-Family
1,133
Businesses
1,168
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