515 Huron StEast TawasMI48730
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
Investment Highlights
Investment property for sale in East Tawas at 515 Huron St, East Tawas, MI, 48730 earns from $1,572/mo rent with a $1,224/mo payment. Total monthly income totals $1,572/mo. ROI tracks 18.79% on current figures, and rental yield reads 7.55% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 97.39% and total cumulative return in cash sums $80,710. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,572/mo property income instead of your personal income.
Single Family
Built in 1978
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48730, East Tawas, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,578 (100%) |
| Owner Occupied HU | 1,743 (48.7%) |
| Renter Occupied HU | 427 (11.9%) |
| Vacant Housing Units | 1,408 (39.4%) |
| Median Home Value | $155,845 |
| Average Home Value | $197,652 |
Housing Distribution
Address Breakdown
Residential
2,506
Single Family
2,506
Multi-Family
0
Businesses
275
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Nearby investment properties with comparable prices
Listed by: Karen Haglund • TAWAS SUNSHINE REALTY
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1933014
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.