5094 Samerdar DrOnekamaMI49675
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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 Onekama at 5094 Samerdar Dr, Onekama, MI, 49675 with 5% annual appreciation on a $399,000 basis while $3,011/mo rent supports operations. Total monthly income totals $3,011/mo and a $1,953/mo payment preserves $380/mo for cash returns. Annual cash flow comes to $4,556/yr on $132,269 deployed, and return on cash invested reaches 23.35% in year one. Equity gained on principal adds $2,575/yr, and five-year appreciation sums $110,236 alongside rental yield of 9.06%. Five-year ROI measures 121.84% and total cumulative return in cash totals $161,150.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,011/mo property income versus a $1,953/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2007
1.79 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 |
Housing Distribution
Address Breakdown
Residential
556
Single Family
556
Multi-Family
0
Businesses
65
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