7550 Bushey Rd, Alpena, MI, 49707 | 5.99% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Alpena at 7550 Bushey Rd, Alpena, MI, 49707 generates $1,873/mo in rent, after a $1,835/mo payment. Total monthly income is $1,873/mo. Return on cash invested sits at 14.12% in year one, and rental yield is 5.99% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 72.35% and total cumulative return in cash sums $89,943. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,873/mo property income rather than buyer’s personal income.

Single Family

Built in N/A

33 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49707, Alpena, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,788 (100%)
Owner Occupied HU	7,776 (66.0%)
Renter Occupied HU	2,265 (19.2%)
Vacant Housing Units	1,747 (14.8%)
Median Home Value	$150,147
Average Home Value	$189,050