7482 Doe 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 7482 Doe Rd, Oscoda, MI, 48750 uses $52,709 cash to close to unlock $4,868/yr annual cash flow and $406/mo monthly cash flow. Total monthly income runs $1,454/mo, and a $778/mo payment keeps the spread at $406/mo. Purchase price stands at $159,000, and rental yield measures 10.97% with $1,454/mo rent. Return on cash invested shows 29.15% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 152.92% and total cumulative return in cash records $80,604. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,454/mo property income covering a $778/mo payment rather than investor’s personal income.
Single Family
Built in 1950
N/A 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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