3554 Hillcrest DrOscodaMI48750
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 Oscoda at 3554 Hillcrest Dr, Oscoda, MI, 48750 uses $84,533 cash to close to unlock $6,702/yr annual cash flow and $559/mo monthly cash flow. Total monthly income runs $2,240/mo, and a $1,248/mo payment keeps the spread at $559/mo. Purchase price stands at $255,000, and rental yield measures 10.54% with $2,240/mo rent. Return on cash invested shows 27.84% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 145.91% and total cumulative return in cash records $123,344. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,240/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1977
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices