7710 N Us Highway 23OscodaMI48750
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 7710 N Us Highway 23, Oscoda, MI, 48750 offers a 4.97% rental yield on a $574,900 purchase with $2,383/mo rent. 13% in year one. Equity gained on principal adds $3,710/yr while 5% annual appreciation supports $158,834 over five years. Portfolio math shows five-year ROI at 56.25% and total cumulative return in cash at $106,383. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,383/mo property income against a $2,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
0.31 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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