3732 E Cedar Lake Dr, Greenbush, MI, 48738 | 4.8% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1104 sft

4711 Interlake Dr, Oscoda, MI, 48750

1 Bed
1 Bath
572 sft

3551 E Cedar Lake Dr, Greenbush, MI, 48738

2 Bed
1 Bath
1127 sft

6420 Zelma Rd, Oscoda, MI, 48750

2 Bed
1 Bath
764 sft

430 S Us Highway 23, Harrisville, MI, 48740

Nearby investment properties with comparable prices

3 Bed
2 Bath
1812 sft

4733 M 72, Harrisville, MI, 48740

2 Bed
2 Bath
1160 sft

218 Evans St, East Tawas, MI, 48730

4 Bed
2 Bath
1700 sft

1960 S King Rd, Mikado, MI, 48745

3 Bed
2 Bath
1400 sft

4285 N Poplar Rd, Lincoln, MI, 48742

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 Greenbush at 3732 E Cedar Lake Dr, Greenbush, MI, 48738 earns from $1,157/mo rent with a $1,415/mo payment. Total monthly income totals $1,157/mo. ROI tracks 10.52% on current figures, and rental yield reads 4.8% at a $289,000 purchase. Equity gained on principal adds $1,865/yr, and 5% annual appreciation supports $79,845 over five years. Five-year ROI reaches 53.05% and total cumulative return in cash sums $50,822. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,157/mo property income instead of your personal income.

Single Family

Built in 1950

0.32 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48738, Greenbush, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,364 (100%)
Owner Occupied HU	481 (35.3%)
Renter Occupied HU	55 ( 4.0%)
Vacant Housing Units	828 (60.7%)
Median Home Value	$197,426
Average Home Value	$244,740