8556 S Portage Point Dr UNIT 4-DH3OnekamaMI49675
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 Onekama at 8556 S Portage Point Dr UNIT 4-DH3, Onekama, MI, 49675 listed at $128,500 pairs $0/mo rent with a $629/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -3.96% in year one, and rental yield registers 0% at a $128,500 basis. Equity gained on principal adds $829/yr, and annual property appreciation at 5% supports $35,502 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $629/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49675, Onekama, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 944 (100%) |
| Owner Occupied HU | 428 (45.3%) |
| Renter Occupied HU | 70 ( 7.4%) |
| Vacant Housing Units | 446 (47.2%) |
| Median Home Value | $307,407 |
| Average Home Value | $408,131 |
Housing Distribution
Address Breakdown
Residential
556
Single Family
556
Multi-Family
0
Businesses
65
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
