3265 Center RdOscodaMI48750
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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
Rental property for sale in Oscoda at 3265 Center Rd, Oscoda, MI, 48750 priced at $124,000 converts $2,089/mo rent into $1,271/mo cash flow after a $607/mo obligation. Total monthly income equals $2,089/mo, and annual cash flow totals $15,254/yr on $41,106 invested. Return on cash invested prints 57.02% in year one, and rental yield reads 20.22% against a $124,000 entry. Equity gained on principal adds $800/yr, while 5% annual appreciation compiles into $34,259 by year five. Five-year ROI reaches 302.47% and total cumulative return in cash sums $124,335. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,089/mo property income covering a $607/mo payment, not borrower’s personal income.
Single Family
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48750, Oscoda, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,569 (100%) |
| Owner Occupied HU | 3,135 (47.7%) |
| Renter Occupied HU | 1,017 (15.5%) |
| Vacant Housing Units | 2,417 (36.8%) |
| Median Home Value | $123,354 |
| Average Home Value | $190,337 |
Housing Distribution
Address Breakdown
Residential
5,006
Single Family
4,917
Multi-Family
89
Businesses
358
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