424 Ogemaw RdRose CityMI48654
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 424 Ogemaw Rd, Rose City, MI, 48654 in Rose City. Rental yield 7.81%. The 1.45 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $49,088 and $1,636/yr in principal reduction project total return of $66,732.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 6.1% |
| Monthly Cash Flow | $(15) | $720 |
City averages based on Rose City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,157 |
| Total Monthly Debt Service | $1,101 |
| DSCR Ratio | 1.05x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1950
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48654, Rose City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,901 (100%) |
| Owner Occupied HU | 856 (45.0%) |
| Renter Occupied HU | 164 ( 8.6%) |
| Vacant Housing Units | 881 (46.3%) |
| Median Home Value | $170,221 |
| Average Home Value | $200,870 |
Housing Distribution
Address Breakdown
Residential
973
Single Family
957
Multi-Family
16
Businesses
112
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
Single Family
Built in 1950
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48654, Rose City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,901 (100%) |
| Owner Occupied HU | 856 (45.0%) |
| Renter Occupied HU | 164 ( 8.6%) |
| Vacant Housing Units | 881 (46.3%) |
| Median Home Value | $170,221 |
| Average Home Value | $200,870 |
Housing Distribution
Address Breakdown
Residential
973
Single Family
957
Multi-Family
16
Businesses
112
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: CHRIS DACK • BENJAMIN REALTY
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1938686
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.