3507 Old Oak TrlPrudenvilleMI48651
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Prudenville at 3507 Old Oak Trl, Prudenville, MI, 48651 listed at $107,000 pairs $810/mo rent with a $524/mo payment to leave $104/mo cash flow. Total monthly income runs $810/mo, and annual cash flow reaches $1,249/yr on $35,471 cash to close. Return on cash invested measures 23.43% in year one, and rental yield registers 9.08% at a $107,000 basis. Equity gained on principal adds $690/yr, and annual property appreciation at 5% supports $29,562 by year five. Five-year ROI tracks 122.38% and total cumulative return in cash totals $43,410. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $810/mo property income relative to a $524/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in N/A
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48651, Prudenville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,094 (100%) |
| Owner Occupied HU | 1,832 (44.7%) |
| Renter Occupied HU | 480 (11.7%) |
| Vacant Housing Units | 1,782 (43.5%) |
| Median Home Value | $208,261 |
| Average Home Value | $247,688 |
Housing Distribution
Address Breakdown
Residential
2,693
Single Family
2,621
Multi-Family
72
Businesses
165
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Greg Robinson • NextHome Up North
Mls Name: WWMLS
Mls ID: #201836513