5484 Cedar Lake RdOscodaMI48750
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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 Oscoda at 5484 Cedar Lake Rd, Oscoda, MI, 48750 uses $51,051 cash to close to unlock $5,966/yr annual cash flow and $497/mo monthly cash flow. Total monthly income runs $1,513/mo, and a $754/mo payment keeps the spread at $497/mo. Purchase price stands at $154,000, and rental yield measures 11.79% with $1,513/mo rent. Return on cash invested shows 31.6% in year one, and 5% annual appreciation builds toward $42,547 over five years. Five-year ROI reaches 166.12% and total cumulative return in cash records $84,806. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,513/mo property income covering a $754/mo payment rather than investor’s personal income.
Single Family
Built in 1977
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48750, Oscoda, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,569 (100%) |
| Owner Occupied HU | 3,135 (47.7%) |
| Renter Occupied HU | 1,017 (15.5%) |
| Vacant Housing Units | 2,417 (36.8%) |
| Median Home Value | $123,354 |
| Average Home Value | $190,337 |
Housing Distribution
Address Breakdown
Residential
5,006
Single Family
4,917
Multi-Family
89
Businesses
358
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