4345 Lighthouse RdBig BayMI49808
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 Big Bay at 4345 Lighthouse Rd, Big Bay, MI, 49808 generates $0/mo in rent, after a $1,463/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -3.96% in year one, and rental yield is 0% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Manufactured
Built in 1976
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49808, Big Bay, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
18
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Listed by: SEAN LEAHY • SELECT REALTY
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50185274
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.