3589 E River RdOscodaMI48750
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 3589 E River Rd, Oscoda, MI, 48750 earns $126/mo cash flow from $884/mo rent with a $563/mo payment. Total monthly income totals $884/mo, and annual cash flow totals $1,506/yr on $38,123 capital. ROI tracks 23.86% on current figures, and rental yield reads 9.22% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 124.61% and total cumulative return in cash sums $47,505. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $884/mo property income instead of your personal income.
Single Family
Built in 1960
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
