306 Michigan St E, Three Oaks, MI, 49128 | $641/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Three Oaks at 306 Michigan St E, Three Oaks, MI, 49128 at $499,000 posts ROI 24.56% with $641/mo cash flow from $3,931/mo rent. Total monthly income equals $3,931/mo, and annual cash flow records $7,688/yr on $165,419 to close. Return on cash invested measures 24.56% and rental yield reads 9.45% at the current $499,000. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 by year five. Five-year ROI prints 128.3% and total cumulative return in cash totals $212,226.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,931/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1970

0.51 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49128, Three Oaks, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,088 (100%)
Owner Occupied HU	1,284 (61.5%)
Renter Occupied HU	234 (11.2%)
Vacant Housing Units	570 (27.3%)
Median Home Value	$319,149
Average Home Value	$402,960