3588 Pinelands Rd, Gladwin, MI, 48624 | 6.68% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1390 sft

2249 W State Rd, West Branch, MI, 48661

1 Bed
1 Bath
1150 sft

4655 Simmons Rd, Alger, MI, 48610

2 Bed
2 Bath
1386 sft

5450 Randy Dr, Prescott, MI, 48756

2 Bed
1 Bath
1021 sft

429 W River Park Dr, West Branch, MI, 48661

Nearby investment properties with comparable prices

2 Bed
2 Bath
1750 sft

1600 Manchester Way, Gladwin, MI, 48624

2 Bed
2 Bath
1710 sft

1638 S Ogemaw Trl, West Branch, MI, 48661

3 Bed
2 Bath
1027 sft

4205 Buzzell Rd, Gladwin, MI, 48624

2 Bed
2 Bath
1172 sft

2815 W River Dr, Gladwin, MI, 48624

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

Investment property for sale in Gladwin at 3588 Pinelands Rd, Gladwin, MI, 48624 offers a 6.68% rental yield on a $248,500 purchase with $1,384/mo rent. 2% in year one. Equity gained on principal adds $1,604/yr while 5% annual appreciation supports $68,656 over five years. Portfolio math shows five-year ROI at 83.51% and total cumulative return in cash at $68,791. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,384/mo property income against a $1,216/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1978

0.47 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48624, Gladwin, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,057 (100%)
Owner Occupied HU	5,951 (53.8%)
Renter Occupied HU	1,003 ( 9.1%)
Vacant Housing Units	4,103 (37.1%)
Median Home Value	$189,218
Average Home Value	$229,918