6311 Cedar StOscodaMI48750
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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 6311 Cedar St, Oscoda, MI, 48750 with 5% annual appreciation on a $149,500 basis while $1,441/mo rent supports operations. Total monthly income totals $1,441/mo and a $732/mo payment preserves $455/mo for cash returns. Annual cash flow comes to $5,458/yr on $49,559 deployed, and return on cash invested reaches 30.92% in year one. Equity gained on principal adds $965/yr, and five-year appreciation sums $41,304 alongside rental yield of 11.57%. Five-year ROI measures 162.46% and total cumulative return in cash totals $80,513.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,441/mo property income versus a $732/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1979
0.36 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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