8994 S Oak RdGraylingMI49738
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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 Grayling at 8994 S Oak Rd, Grayling, MI, 49738 earns $1,166/mo cash flow from $3,474/mo rent with a $1,713/mo payment. Total monthly income totals $3,474/mo, and annual cash flow totals $13,992/yr on $116,025 capital. ROI tracks 31.97% on current figures, and rental yield reads 11.91% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 168.03% and total cumulative return in cash sums $194,954. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,474/mo property income instead of your personal income.
Single Family
Built in 1950
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49738, Grayling, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,201 (100%) |
| Owner Occupied HU | 3,339 (46.4%) |
| Renter Occupied HU | 818 (11.4%) |
| Vacant Housing Units | 3,044 (42.3%) |
| Median Home Value | $174,820 |
| Average Home Value | $221,874 |
Housing Distribution
Address Breakdown
Residential
4,675
Single Family
4,510
Multi-Family
165
Businesses
419
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