4501 Oslund RdMancelonaMI49659
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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
Investment property for sale in Mancelona at 4501 Oslund Rd, Mancelona, MI, 49659 uses $52,709 cash to close to unlock $11,492/yr annual cash flow and $958/mo monthly cash flow. Total monthly income runs $2,006/mo, and a $778/mo payment keeps the spread at $958/mo. Purchase price stands at $159,000, and rental yield measures 15.14% with $2,006/mo rent. Return on cash invested shows 41.71% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 220.31% and total cumulative return in cash records $116,124. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,006/mo property income covering a $778/mo payment rather than investor’s personal income.
Manufactured
Built in N/A
6.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49659, Mancelona, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,599 (100%) |
| Owner Occupied HU | 2,407 (52.3%) |
| Renter Occupied HU | 437 ( 9.5%) |
| Vacant Housing Units | 1,755 (38.2%) |
| Median Home Value | $167,432 |
| Average Home Value | $208,685 |
Housing Distribution
Address Breakdown
Residential
2,679
Single Family
2,663
Multi-Family
16
Businesses
136
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Listed by: Mary E. Becker • Heart of Up North Realty, LLC
Mls Name: WWMLS
Mls Provider:
Mls ID: #201831109
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