Co Road AaaBig BayMI49808
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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 Big Bay at Co Road Aaa, Big Bay, MI, 49808 offers a 9.43% rental yield on a $218,900 purchase with $1,721/mo rent. Total monthly income registers $1,721/mo, and a $1,071/mo payment leaves $278/mo available for distribution. Annual cash flow reaches $3,334/yr on $72,565 to close, and return on cash invested stands at 24.5% in year one. Equity gained on principal adds $1,413/yr while 5% annual appreciation supports $60,478 over five years. Portfolio math shows five-year ROI at 128.01% and total cumulative return in cash at $92,894. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,721/mo property income against a $1,071/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Lot
Built in N/A
240 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49808, Big Bay, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
18
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Listed by: TINA DEFORGE • CENTURY 21 AFFILIATED
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50106525
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.