806 W Lake StTawas CityMI48763
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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 Tawas City at 806 W Lake St, Tawas City, MI, 48763 earns $279/mo cash flow from $1,229/mo rent with a $705/mo payment. Total monthly income totals $1,229/mo, and annual cash flow totals $3,350/yr on $47,736 capital. ROI tracks 26.93% on current figures, and rental yield reads 10.24% at a $144,000 purchase. Equity gained on principal adds $929/yr, and 5% annual appreciation supports $39,785 over five years. Five-year ROI reaches 141.11% and total cumulative return in cash sums $67,362. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,229/mo property income instead of your personal income.
Single Family
Built in 1950
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48763, Tawas City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,192 (100%) |
| Owner Occupied HU | 1,972 (61.8%) |
| Renter Occupied HU | 328 (10.3%) |
| Vacant Housing Units | 892 (27.9%) |
| Median Home Value | $173,474 |
| Average Home Value | $219,190 |
Housing Distribution
Address Breakdown
Residential
2,356
Single Family
2,356
Multi-Family
0
Businesses
135
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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