3250 Park Rd, Luzerne, MI, 48636 | 4.16% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1276 sft

201 Nolan St, Mio, MI, 48647

2 Bed
2 Bath
1100 sft

2709 Timberlane Trl, Grayling, MI, 49738

2 Bed
1 Bath
921 sft

1973 Higgins Rd, Saint Helen, MI, 48656

2 Bed
1 Bath
740 sft

9507 Monroe Rd, Saint Helen, MI, 48656

Nearby investment properties with comparable prices

2 Bed
1 Bath
864 sft

847 Fleetwater Rd, Luzerne, MI, 48636

3 Bed
1 Bath
1716 sft

7781 N M 18 #N, Roscommon, MI, 48653

3 Bed
1 Bath
1716 sft

7781 M 18, Roscommon, MI, 48653

3 Bed
1 Bath
1716 sft

7781 M 18 #N, Roscommon, MI, 48653

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $1,040/mo, and a $1,468/mo payment. Purchase price stands at $300,000, and rental yield measures 4.16% with $1,040/mo rent. Return on cash invested shows 8.59% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 42.65% and total cumulative return in cash records $42,420. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,040/mo property income covering a $1,468/mo payment rather than investor’s personal income.

Single Family

Built in 1950

15 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48636, Luzerne, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	551 (100%)
Owner Occupied HU	268 (48.6%)
Renter Occupied HU	47 ( 8.5%)
Vacant Housing Units	236 (42.8%)
Median Home Value	$128,788
Average Home Value	$186,175