6853 Ruth 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 6853 Ruth Rd, Oscoda, MI, 48750 listed at $134,000 pairs $1,041/mo rent with a $656/mo payment to leave $157/mo cash flow. Total monthly income runs $1,041/mo, and annual cash flow reaches $1,886/yr on $44,421 cash to close. Return on cash invested measures 24.16% in year one, and rental yield registers 9.32% at a $134,000 basis. Equity gained on principal adds $865/yr, and annual property appreciation at 5% supports $37,022 by year five. Five-year ROI tracks 126.23% and total cumulative return in cash totals $56,075. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,041/mo property income relative to a $656/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
10,018 sqft 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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