9907B 7th 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
Rental property for sale in Oscoda at 9907B 7th St, Oscoda, MI, 48750 generates $1,170/mo in rent and, after a $853/mo payment, leaves $21/mo in cash flow. Total monthly income is $1,170/mo, and annual cash flow is $248/yr on $57,780 invested. Return on cash invested sits at 20.34% in year one, and rental yield is 8.06% on a $174,300 entry. Equity gained on principal adds $1,125/yr, while 5% annual appreciation builds toward $48,156 over five years. Five-year ROI reaches 105.7% and total cumulative return in cash sums $61,071. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,170/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
N/A 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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