3146 Wilds RdOssinekeMI49766
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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 Ossineke at 3146 Wilds Rd, Ossineke, MI, 49766 offers a 12.85% rental yield on a $125,000 purchase with $1,339/mo rent. Total monthly income registers $1,339/mo, and a $612/mo payment leaves $515/mo available for distribution. Annual cash flow reaches $6,174/yr on $41,438 to close, and return on cash invested stands at 34.81% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 183.35% and total cumulative return in cash at $75,977. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,339/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
5 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Lori Stephan • Real Estate One of Alpena
Mls Name: WWMLS
Mls Provider:
Mls ID: #201829840
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