26485 Flood Wood TrlDollar BayMI49922
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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 Dollar Bay at 26485 Flood Wood Trl, Dollar Bay, MI, 49922 listed at $499,900 pairs $3,128/mo rent with a $2,447/mo payment. Total monthly income runs $3,128/mo. Return on cash invested measures 18.69% in year one, and rental yield registers 7.51% at a $499,900 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,113 by year five. Five-year ROI tracks 96.83% and total cumulative return in cash totals $160,464. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,128/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
12.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49922, Dollar Bay, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 333 (100%) |
| Owner Occupied HU | 245 (73.6%) |
| Renter Occupied HU | 52 (15.6%) |
| Vacant Housing Units | 36 (10.8%) |
| Median Home Value | $271,667 |
| Average Home Value | $330,265 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
29
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Listed by: REBECCA ZANDER • NORTHERN MICHIGAN LAND BROKERS - H
Mls Name: Upper Peninsula AOR
Mls ID: #50174822