5015 Main St, Onekama, MI, 49675 | 3.59% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Onekama at 5015 Main St, Onekama, MI, 49675 earns from $1,480/mo rent with a $2,423/mo payment. Total monthly income totals $1,480/mo. ROI tracks 6.86% on current figures, and rental yield reads 3.59% at a $495,000 purchase. Equity gained on principal adds $3,194/yr, and 5% annual appreciation supports $136,759 over five years. Five-year ROI reaches 33.4% and total cumulative return in cash sums $54,802. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,480/mo property income instead of your personal income.

Multi Family

Built in 1920

0.47 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49675, Onekama, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	944 (100%)
Owner Occupied HU	428 (45.3%)
Renter Occupied HU	70 ( 7.4%)
Vacant Housing Units	446 (47.2%)
Median Home Value	$307,407
Average Home Value	$408,131