9886 Us Highway 23 SOssinekeMI49766
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 Ossineke at 9886 Us Highway 23 S, Ossineke, MI, 49766 uses $49,725 cash to close to unlock $1,812/yr annual cash flow and $151/mo monthly cash flow. Total monthly income runs $1,140/mo, and a $734/mo payment keeps the spread at $151/mo. Purchase price stands at $150,000, and rental yield measures 9.12% with $1,140/mo rent. Return on cash invested shows 23.55% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 122.9% and total cumulative return in cash records $61,110. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,140/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1955
1.59 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jo Elizabeth Sims • CENTURY 21 NORTHLAND of ALPENA
Mls Name: WWMLS
Mls Provider:
Mls ID: #201836575
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than Zillow, Inc are marked with the WWLX logo and the detailed information about said listing includes the listing office. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Zillow, Inc shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Water Wonderland MLS, Inc All rights reserved. WWLX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-08-25 07:00:46 PDT