3781 Mohawk Gay RdMohawkMI49950
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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
Rental property for sale in Mohawk at 3781 Mohawk Gay Rd, Mohawk, MI, 49950 offers $3,604/mo rent that, after a $4,160/mo payment. Total monthly income is $3,604/mo. Return on cash invested measures 11.47% in year one, and rental yield stands at 5.09% at a $850,000 entry. Equity gained on principal adds $5,485/yr while 5% annual appreciation compounds into $234,839 by year five. Five-year ROI records 58.1% and total cumulative return in cash reaches $162,490. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,604/mo property income versus a $4,160/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49950, Mohawk, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,498 (100%) |
| Owner Occupied HU | 496 (33.1%) |
| Renter Occupied HU | 66 ( 4.4%) |
| Vacant Housing Units | 936 (62.5%) |
| Median Home Value | $175,962 |
| Average Home Value | $250,680 |
Housing Distribution
Address Breakdown
Residential
554
Single Family
554
Multi-Family
0
Businesses
40
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Listed by: MARK COON • RE/MAX DOUGLASS R.E.-H
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50155614
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.