2425 S M 211 RdOnawayMI49765
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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 Onaway at 2425 S M 211 Rd, Onaway, MI, 49765 listed at $224,000 pairs $2,093/mo rent with a $1,096/mo payment to leave $616/mo cash flow. Total monthly income runs $2,093/mo, and annual cash flow reaches $7,394/yr on $74,256 cash to close. Return on cash invested measures 29.87% in year one, and rental yield registers 11.21% at a $224,000 basis. Equity gained on principal adds $1,445/yr, and annual property appreciation at 5% supports $61,887 by year five. Five-year ROI tracks 156.83% and total cumulative return in cash totals $116,455. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,093/mo property income relative to a $1,096/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
1.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49765, Onaway, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,656 (100%) |
| Owner Occupied HU | 1,496 (56.3%) |
| Renter Occupied HU | 251 ( 9.5%) |
| Vacant Housing Units | 909 (34.2%) |
| Median Home Value | $150,741 |
| Average Home Value | $208,453 |
Housing Distribution
Address Breakdown
Residential
1,782
Single Family
1,722
Multi-Family
60
Businesses
123
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