9401A 6th StOscodaMI48750
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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 Oscoda at 9401A 6th St, Oscoda, MI, 48750 offers a 9.42% rental yield on a $119,000 purchase with $934/mo rent. Total monthly income registers $934/mo, and a $582/mo payment leaves $150/mo available for distribution. Annual cash flow reaches $1,796/yr on $39,449 to close, and return on cash invested stands at 24.46% in year one. Equity gained on principal adds $768/yr while 5% annual appreciation supports $32,878 over five years. Portfolio math shows five-year ROI at 127.87% and total cumulative return in cash at $50,441. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $934/mo property income against a $582/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in N/A
0.26 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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Nearby investment properties with comparable prices
Listed by: Jen Martin • Forty Five North Real Estate
Mls Name: WWMLS
Mls Provider:
Mls ID: #201835227
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